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Re: None

Wednesday, 05/15/2019 4:53:30 PM

Wednesday, May 15, 2019 4:53:30 PM

Post# of 47734
Low Grade Mexus mineable resource? Okie Dokie, let’s go with the poultry 1 gram per ton Au...let’s further assume we only START with a load of 15,000 tons (what? A week to load if that). Start the sprinklers and a month later it’s time to mow the lawn. Out the gate give our new chemists a little wiggle room to compose the proper recipe of leaching ore on the Elena properties. Initially throw a dart between 60 n 80%, compromise 70% -

Simple #’s - 1gr Au, 4gr Ag: Piss Poor Low Grade

484 ozs per 15,000 grams
339 ozs per 70% recovery
$440,700 au @ $1,300 per oz

1,935 ozs per 60,000 grams
1,355 ozs per 70% recovery
$20,325 ag @ $15 per oz

$460, 610.00 offa first pour “test” run? ~ biweekly working into weekly, then more of it...CONTINOUSLY?

X’s it by 2, 3, or 4...LOW GRADE

I know the drill:

What about the amount due a Mexus JV? AIN’T ONE

What about all those toxic notes, millions owed to banks and high interest lenders? AREN’T ANY

What about working in a foreign country? THEY APPRECIATE JOBS AND INCOME ALSO

What about equipment, manpower, licenses’, blessings from powers that be and the money required to make it happen? ALREADY OWN IT ALL - WILL ACQUIRE MORE AS NECESSARY

That darn past...WOW! A year ago the “RISK - REWARD” was below the sewer lines...TODAY?

Wish all well!!!