Mexus Gold US (MXSG)

[F4Uvet]

"But from what I understand PT has grades sufficient to do what he is doing."

Uh, you just admitted the studies you have read are all over the board and yet you are willing to go along with figures that indicate profitability...figure released by MEXUS ? Somewhere along the way, PT stated a recovery rate of 30% which is pretty pathetic. Even with higher grade ore, the yield would not be worth the effort unless there was the capability of moving and processing HUGE amounts of material.
Someone can sit all day and enter figures into a calculator and project riches but you see, you are dealing with a putterer whose knowledge of mining and mining techniques are sketchy as are the figures he has released. Chances are great that relying on information from your sources will lead to economic failure.
Good luck to you....you'll need it. Y