Mexus Gold US (MXSG)

[8thaero]

It has cost Mexus exactly $100K from one Pvt subscription to pay our share for bringing the claim holders up to date which Atzek failed to keep current which allowed us to reenter as a 50-50 JV and begin the restart of 15 year ops been stacking 300 mill tons on 6 pads. Exactly as Santa Elena will look like then EXCEPT will be no 42 sq mile of claims to explore still. IT'S BIG and Marco's long term dream and Elena's 11.4 sq miles will begin to pay for it rather soon as all the heavy equip finished at the Rancho is moving down there. Short term stuff will get it back running still a bit rough but ready. Then is this:

Wise men know only fools waste cash
Posted by 8thaero » Wed Jan 18, 2017 11:44 am

GRC and SEC Guide 7 consideration. From Item 2 , 10K, Properties- Proven and probable reserves

Commercial production Began Jul '10 and since $109 Mil returned in dividends from profits. Finally enough results from mining development alone to file a resource estimate. 3 and half years later AND 6 years AFTER decision to build to that July '10 product without wasting resources on a silly study when WE knew the PM was there to take with more and more results during corp build out year by year since 2002.

" In April 2014, we announced the completion of our initial reserve study and issued a report dated December 31, 2013, confirming the existence of proven and probable reserves as defined in Guide 7. All of our reserves are located at our Arista underground mine. "