Mexus Gold US (MXSG)

[T-Hawk]

Jan 1, 2016 5 million dollar drill contract was to prove up a resource over 3 years and NOT be a test miner!!!

Too bad Argo wasn't as smart as Mexus. Instead of spending $5 million to prove up a resources, Argo could have gone the smarter route like Mexus and spent $30+ million to try and prove concept of profitable mining.

Of course Mexus didn't "spend" $30 million. They claimed test miner expention for $30 million. The good news is the investors that funded that $30 million in test mining expetion also got to write off $30 million in losses on thier taxes so that's a win/win right?

We should be celebrating the $60 million Mexus added to the economy by producing $30 million in investor tax write-offs and $30 million in test mining exemptions.