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Re: gitreal post# 12516

Thursday, 01/05/2017 12:47:17 PM

Thursday, January 05, 2017 12:47:17 PM

Post# of 47670
Look at that graph carefully and count how many years it takes a mining company to go from exploration to production. 12+ years? A typical mining company with a caretaker management model will burn through tens of millions of dollars while collecting salaries over a decade doing prefeasibility studies. And by the time the studies are all done the price of gold has radically changed and the study is useless.

Mexus has fast tracked all of this just like GORO did. That's what makes Mexus so special. Management are actual owners and have a vested interest in getting to production ASAP. I dont invest in companies where management has no skin in the game (at least 5% ownership). What do Mexus insiders own? almost 50%? I'm loving what I see so far!