Mexus Gold US (MXSG)

[A Dinosaur]

Do you know the process by which the carbon was shipped? I don't. If you want to export a shipment from Mexico to the US, are there export controls you need to meet? Remember, this was the first (of many) shipment that Mexus has sent by common carrier. The company is in Mexico. If you think the US has paperwork, permits, red tape of other varieties, you ain't seen nothin' yet.

Now that the startup hurdles have been cleared, I hope the shipments will go out in a smoother, more orderly way, but we are talking about Mexico.

My guess is the third party analysis was required by Sipi. It was performed by Laboratorio Technologico de Metalurgia in Hermosilo, Sonora, Mexico. If gitreal will forgive my cardinal sin of averaging the assay numbers, it looks to me like the ratio of gold to silver is about 1.8. In other words, there's almost two ounces of gold for each ounce of silver. Considering that gold today is worth about 75 times more than silver, that's a good thing. You may recall that the assays on the first ore processed were 3 to 1 silver over gold. That's why every shipment has to be analyzed. Even then, you can see the differences in the three samples analyzed from each of the carbon filters.

The 45-day delay for the first shipment is SOP according to Sipi's terms. Once the relationship is established, it changes.

Does that answer your questions?

Dino