Mexus Gold US (MXSG)

[gitreal]

Theoretically, the best estimating method would have been Kriging,

No, most of the holes were essentially barren. And there was no evidence of any continuity of mineralization between holes. So, nobody would have wasted their time Kriging those results.

That information would have been misleading for a mining engineer or geologist;

Those are not the people that the Mexus PRs are aimed at. PT's target audience knows very little about mining - and don't question things.

and probably everyone else who actually read the PR - that the "average" quoted was useless.

I doubt more than a tiny handful of people had any misgivings about the PR's statement regarding averaging. After all, PT billed himself an experienced miner, with the expertise of Cesar Lemas to guide him, and so on........so why would he present an average of drill holes that wasn't valid and meaningful? Trust and faith sold a lot of shares. And lost a lot of people a lot of money.

Nobody on this board....except me....ever questioned the averaging techniques and results. You didn't, and yet you say now that you knew better?

The exploratory drilling by Argo was not an attempt at determining "inferred" reserves. It was exploration - targeting mapped geological structures, testing for high grade, but also looking at alteration zones adjacent to those structures. They did what any competent junior explorer should have done. And then they did the responsible thing, and walked away when it was apparent that no disseminated mineralization was present.