Mexus Gold US (MXSG)

[T-Hawk]

Odd are some do not feel a need to know anything of Mexus past as too confusing a riddle.

The only riddle are post like these that confuse more than clarify.

Tried reading the contract as presented rather than fly the maze/"riddle" blindfolded some desire for you.

"May 24, 2016
Mexus enters into joint venture with MarMar Holdings
CARSON CITY, Nevada May 23rd, 2016: Mexus Gold US (OTCQB:MXSG)(“Mexus” or the “Company”) announced today that it has entered into a joint venture agreement with MarMar Holdings of Mexico at its Julio/Santa Elena property. Under the 50/50 joint venture agreement, MarMar will operate the mine and carry all costs. In addition, the company is announcing that the Julio/Santa Elena property will now be known as the Santa Elena mine."

There is noting in that statement that remotely resembles a contract. In addition, the 10-Q is showing an alarming amount of cash receipts. It begs an obvious question; What is Mexus paying that much cash out too if MarMar is carrying all Santa Elena expenses (Which has been proven inaccurate as funds had to be raised by Mexus for the building of a smaller Merrill Crowe machine).

Credibility on many levels is starting to fade. Pointing to past success doesn't make this project any more credible. Trying to pretend like nothing is wrong and this is all normal mining start-up issues has also run its course. Regardless of how others may try to spin it, we've been stuck at the same step for over 12 months while promised imminent production for months.

Can the company overcome this? Perhaps. But it's deceptively naive to pretend like all is well and those questioning the current position of this company are inept amateurs who don't understand the mining process.

I welcome insight from folks with closer knowledge about the happenings that most of us don't have. But I will be overly skeptical when the tone from those folks are everything is rainbows and unicorns.