Mexus Gold US (MXSG)

[T-Hawk]

I know a company that has been spending that kind of money on drilling without moving any closer to exploiting their known near surface gold. Might be they would have been better off mining that resource and using the proceeds to pay for their drilling. now the treasury is down millions, top officers have been removed and they are doing a reset.

PT may soon be proven right in his approach.

Why would anyone spend $2 -$3 milion to make sure there is enough gold to mine profitably when you could dive right in, spend over $30 million and still have no idea what kind of mineral reserves are on hand all while producing less than 50oz of gold?

Yes, clearly the latter is a much better way to go.