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Tuesday, January 07, 2020 1:33:33 AM
This was what was stated by our CEO Paul Thompson on November 12, 2019. To pay off the recent loan a limited amount of gold was sold as stated in the December 16, 2019 news release. Limited is due to definitely not the 100 ounces. Limited is due to only 8-10 hours of mining a day at that point before the 24 hour continual mining commences sometime in the next several months. So the slow process of an up and coming major mining company continues. Possibly by now the sale of one of the vehicles(equipment) not in use for mining or a backer funding may get PT the 24 hour operation up and going.
The next convertible will be paid by gold sales at this point and minor other means. At least 75 k in gold for the payment is my guess. Only positive things going on with Mexus. A lot of problems have been solved as they arise. NO DOUBT ABOUT THAT. Put me in for another 25k-50k shares Thursday. When the PPS starts ascending long term we will just sit back and enjoy, but I sure do like buying shares at these levels.
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