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Re: Thess post# 37809

Monday, 06/15/2020 4:08:40 AM

Monday, June 15, 2020 4:08:40 AM

Post# of 47760
Actually, forget about getting your couple million .001 shares. I don’t follow why you’re still following Mexus. 125 ounces Jan-Mar, Apr ounces not mentioned - figure ~ 60-70. Ounces for May were stated at 102 (not all sold as of PR date). Maybe 285/95, so round up to 300. Mexican taxes of 17% on gold sales, a few percent discount to buyer. 20% off the top. So somewhere around 240 ounces at (average over past 6 months at $1650 per ounce.

Total Net = approximately $396,000.00.

Running operations and paying reoccurring bills for six months? For $400k. Not bad at all!!!

Oh wait, take that $400k and kill all funds to run operations and pay bills. WTF are you thinking? So pay off the loans and to hell with wages and diesel. Things are just starting to ramp up.

Oh wait ??? How much did Paul spend on equipment, blasting, and expanding all efforts to increase recovery of Au? What if he has spent monies from recovered gold to begin to fire things up where he is producing 500 ounces a month. Long before NO MORE DILUTION OCCURS and no more notes will ever be required to get there.

Likely gold hits $2000 an ounce by end of year. 120 ounces after taxes to cover a note come January...verses 200,000,000 million shares today? I’ll settle for the payback come next year...in a heart beat!

Cheers