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Re: TRAPPER JIM post# 16531

Friday, 11/18/2016 6:31:41 AM

Friday, November 18, 2016 6:31:41 AM

Post# of 19450
MXSG CEO Paul Thompson interview from the other day.
https://upticknewswire.com/paul-thompson-ceo-of-mexus-gold-us-updates-listeners-on-mexico-mining-projects/
says they have a joint venture deal with the company they have operating the mine (Mar Mar). Its a 50/50 type deal.Mar Mar does all the mining operations and they split the money 50/50. So MXSG sits back and gets 50% of the money. The CEO says 160 oz per day. Current price of gold is $1,210.00 an oz. $400 an oz for production cost, brings it down to $810.00 an oz profit. They have been mining material filling their leach pad for the past 3 months now. 160 X $810= $129,600.00 divided by 50% = $64,800.00 per day for MXSG

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