Mexus Gold US (MXSG)

[T-Hawk]

Can you show me any other mining star-up that has gotten as far as MXSG

What has Mexus "accommplished"?

Building a out a leaching pad and throwing some mining equipment around it doesn't mean a company has accomplished anything. The point of a mine is to sell minerals.

One item to help a company establsih legitimacy on its way to being a producing mine is to have some technical reports (that meet industry reporting standards) built-out that establishes mineral reserve amounts.

That kind of reporting requires drilling programs and reports be completed. (Again the reports need to be performed and analyzed according to industry standards and not show holes averaged together).

Other helpful ways to show legitimacy is to have a bona fide board and multiple employees/officers. One man shows are a huge red flag.

Any small-sized excavating company could have accomplished what Mexus has done for probably 1/10th of the cost.

So far Mexus has paid $30 million for 3 or 4 claims to mine/explore, a couple of well-used pieces of equipment to move material, a couple of leach pads (one of which may or may not be operable) and a home-built electrowinning and/or Merrill Crowe processing plant.

Not exactly a strong bang for the buck.