Mexus Gold US (MXSG)

[A Dinosaur]

"and the company's other commitments."

I think you may have hit on the real reason AR turned down the opportunity. It seems to me to have been penny wise and pound foolish, but then again, none of us know all of the facts.

Remember, too, that under the terms of the deal, they would bear all of the cost and give Mexus 20% off the top. If you work out that math, it may be that a slightly better grade for leach plus to them a small amount of high grade and a lower up front capital cost wasn't a better deal.

Dino