Mexus Gold US (MXSG)

[Fred Savage]

In first quarter they reported sales of 78k if I remember right...it was the first time they put anything on paper regarding sales in the 5+ years I’ve been following them. They reported 117k in sales this quarter...while it was less than I was hoping for, it was still a 50% improvement q/q. While they still operated at a loss, it narrowed, and they are now moving into steady production. Hopefully the new excavator will increase the volume they are processing....only reason I can see to make a purchase like that now is if they weren’t able to move enough material. Hoping for the best.