Mexus Gold US (MXSG)

[JTrox]

The way I see it, the clock has been reset as of July 31st. All the time before this is a sunk cost in my mind. The market also seems to view it that way since all our gains on imminent production have dissipated since Dec (.24 down to .05 - where we were last August). July 31st is the day that PT indicated that production sales would be imminent and it is also the day in MarMar's report that the operation was restarted under the new CIC method after the clay issues were dealt with. I'm guessing these two things are related.

We know that the flow was set at 4 m3/hr and that their goal was to increase to 20 m3/hr throughout August. We know that they are going to sell the activated carbon to the refinery and not smelt the gold on site. We also know the grades being stacked on the leach pad are impressive and the pad is being expanded. We don't know if they have sold any gold yet, but if they've been able to keep the leach constant and increasing in flow throughout August (not confirmed) then they will have gold to sell shortly and quite a bit of it. There is no way around this truth.

Unless there is another delay, there is only a short amount of time left before we get that news. No doubt when this news is released - hopefully in early Sept, it will create a shock to the share price. It will also allow PT to stop diluting as significant revenue will be coming in and it will continue (and increase) month after month.