Mexus Gold US (MXSG)

[8thaero]

To fease or not to fease?

Might try hard to find a pre-fease or fease study in GRC history. Shows NOBODY needs one. We had ability to pay for all with a PLANNED ONE YEAR OXIDE OPEN PIT THEN begin to tunnel which simply keeps on expanding in riches so we just went right ahead as any sane person would do. THEN with production began paying a monthly dividend just as we were promised. Always based on profits and even did a share buy back to reduce issue. Problem is the share gets EXPENSIVE with good profits recognized YEARS before production thus becomes self defeating non-gains in PPS eating profit. BoD option remains though. Paul feels (what he says when asked is, "What else can we do with it?") a div will come with well known 6 years explored Ste Elena profits as well. March 2011 was contract with Balthazar family rancho plus some other adjoining claims.

http://www.goldresourcecorp.com/releases/GRC-2017-01-12-2.pdf