Mexus Gold US (MXSG)

[KansasCrude]

Interesting to hear MarMar is sniffing around at our URES claims. Would guess with the pit shutdown at La Herradura the need to re-deploy assets is key. As I have watched and reported on the developments there (La Herradura) was wondering how they would manage the switchover from leaching to underground mining. Guess we found out make a lowball offer and put the sub contractors out of work on the pit. Had looked a week or two back and seen latest grades were running only .64/gpt. Lowest I can remember most likely due to redirection away from the underground riches they are going after as they complete preps for the underground... Still amazing to think that after near 19 years as the most prolific gold mine in Mexico that they are forecasting production underground there at 450K oz. per year is just astounding IMO from the two projects.

Also would add that the focus from our HQ on the 10k and Audit has been confirmed by them being so busy they don't even have time to go to the bank.... Just saw my PP check they had for at least 2 weeks cleared. Have heard from others theirs even older than mine have still not cleared as of the weekend at least. Got to imagine getting that done is huge and hopefully a hurdle we don't have to repeat i.e. the 3 years reconfirm.

Guess we have another day for the Banksters to try and selloff the Metals. Truly amazing to watch them throw 100's of thousands of contracts against the POG trying to hold the price down. Meanwhile the physical inventories keep declining and the production numbers at best static. A couple more weeks and India kicks back in Russia and Chinese Central banks report sizeable purchases. China has been running pedal to the metal in production for years. Now seeing forecasts that they are at or beyond peak..... Demand in the west and Japan building...