Mexus Gold US (MXSG)

[T-Hawk]

102 oz of production sounds great. But only if it materializes as gold sales on the financials. The rest of the PR is future wishes and dreams.

Note the PR says the company produced 102/oz of gold. What is the company's definition of "produced"? To me it is telling/significant they didn't use the term poured. It makes me wonder if this 102/oz is in any kind of dore form, or just an estimation of what's in the leaching pad - or somewhere in between these two stages.

I'm a bit confused on how gold is being recovered. Is it with the Merrill Crowe process (after all, the previous delay was for a new Merrill Crowe that could produce more oz per day)? Or is gold being collected with carbon filters and electrowinning? Maybe it's both, but then not sure why we needed the delay to wait for a larger Merrill Crowe as the electrowinning would do a majority of the processing and the Merrill Crowe would be used to recover the residual amounts. Would appreciate anyone with expertise on these two processes to provide insight.

My final thought - Can we please stop the B.S. about producing future reports? How many times has the company claimed this, only for them to never materialize?

Overall, only more unsubstantiated claims in this PR. Might be enough to keep maintain the current floor for share price, but I don't see this as the catalyst for a move upward.