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Re: Miz Ellie post# 40161

Friday, 09/18/2020 2:02:41 PM

Friday, September 18, 2020 2:02:41 PM

Post# of 47734
Those buyout offers will only come if there is either:

A. Credible proven and probable mineral (gold and silver) reserves. This cost money and requires much more drilling than has already been done.

or

B. Proof of consistent profitable production.

Mexus doesn't have the money to do A and is nowhere close to accomplishing B, in spite of what the company has claimed for the last 5 years. At this point any attempts at failed profitable production probably hurt Mexus case in the eyes of potential acquisitions.