Friday, October 02, 2020 9:30:11 AM
Sale of washed nuggets can be counted as revenue but leached gold can't?
Those rules don't go into effect until 1/1/2021. Mexus is and was able to report any gold sales as revenue until then. Prior to the lastest 10-k it has not becasue there weren't any - despite multiple claims from the company there had been gold sales.
Finally, other than your involvement with both companies, GORO and Mexus have very little in common and are not good parallel examples of one another.
Recent MXSG News
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 08/02/2024 08:59:36 PM
FEATURED ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • Oct 10, 2024 8:09 AM
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FEATURED Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • Oct 9, 2024 10:30 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM