Mexus Gold US (MXSG)

[T-Hawk]

After all, if MXSG has truly been producing gold on a continuous basis for some weeks now, it should be easily able to pay off those notes, right?

It should be pointed out that Mexus claimed to have another 108.5 oz of gold to sell in early March, yet none of the loans appear to had been paid off, but instead allowed to convert. (It's also curious there was no announcement that the remaining gold had been sold either).

Why would the company alow that to happen if they had $140,000+ in gold to pay off most or all of the notes immediately coming due?

CABORCA, Mexico, March 9th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) confirmed its inaugural sale of gold totaling 16.5 ounces of the 125 ounces of gold recovered to date at a price of $1600 per ounce.