Mexus Gold US (MXSG)

[F4Uvet]

Thursday, 12/16/10 01:52:36 PM

Mexus Gold U.S. (OTCBB:MXSG), announced today that the Ocho Hermanos mine located in northern Mexico and owned by Mexus Gold U.S., Mexico Division, Mexus Gold S.A. de C.V. is now ready to enter into production operations with the arrival of equipment provided by Mexus Gold U.S.

Mr. Paul Thompson, CEO stated, "The transport and installation process of this equipment is very important to us as a Company. I think it shows our commitment to our projects in Mexico and our ability to provide the means to make this type of project move forward. Our permitting process is going well with all of the paperwork required to initiate operations completed and filed with the appropriate authorities. In addition, we were encouraged by our ongoing drilling program in such a manner that we felt we could move forward into the initial production stage of developing the Ocho Hermanos project."


Que paso ?? 8 years ago Ocho Hermanos was the next HUGE money maker for MXSG

It appears that Ocho Hermanos was just one of the many failures of MXSG and Paul Thompson, the main architect, over the years.
Under sea cable salvage.... so many projects, so many failures and yet the followers continue to pay homage to PT's expertise (and honesty) Unbelievable !