Wednesday, March 27, 2019 1:04:22 AM
A jaw/cone crushing screen plant has been moved into place and should be operational by April 1st. (APRIL FOOL) The system will include a 400ft conveyor system to carry the 3/4 minus material to the recently readied heap leach pad. The system includes a newly installed automated lime pH system.
Mexus has been busy acquiring additional equipment which is necessary to operate the mine. The company recently purchased a CAT front end loader and a Gardner Denver hydraulic track mounted blast drill.
Unless all of this equipment has been donated, Mexus has had to pay for these acquisitions with funds coming from what source ? Good thing they increased the AS a billion shares but who is willing to be paid in MXSG shares ?
Here's a thought. Maybe gold doesn't appear in sufficient quantity necessary for a profitable mining operation.
In the meantime, the old hobbyist's compensation just keeps rolling in. A quarter million bucks a year plus "misc expenses".
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