Mexus Gold US (MXSG)

[JTrox]

I am cautiously optimistic on both fronts.

On the 16th we received the PR that MarMar was struggling. IR indicated that they were struggling to get the leach to release the gold to the recovery pond. 10 days later we received the PR that they believe they have it fixed and restarted the leach. Yesterday we heard that the leach is still running.

The test pour on the 16th indicates that they can recover w/ the big MC if there is gold in the pond. I don't know what they did, (maybe they stripped the pad and re-stacked) but I think they probably have it figured out - otherwise why restart the leach. The leach running for a week is not a sure sign by any means - but its positive... otherwise they would stop the leach.

Time will tell. If MarMar sells significant gold it will shock this stock price for sure...

Interestingly enough, the mine at Ures should be pouring gold around the same time. We either go 0 for 2, 1 for 2, or 2 for 2. I like our chances... All the failures actually increase our likelihood of success.