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Wednesday, March 20, 2019 12:03:54 PM
Greater opportunity was seen selling the 50% for $4 million and taking that to begin Elena. Payment contracted was not made in 2014 and forced Mexus to accept 30% JV with Argonaut. We know where that led in their Dec '15 panic. Also are aware nothing good followed in 18 month JV with MarMar but oddity is? Mexus holds 100% as before. So any question is was that wise overall leading to current restart?
"Assuming a P/E of 20x (current S&P avg P/E is 15x) and gold price of $1,400oz you'd need a earnings per share of $0.04 to get a $0.60 share price."
Is reference to a 43-101 Mexus is not even legally allowed? Try to keep the story line straight? 8
"And the 43-101 report? How's Minetech doing with that?"
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