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Monday, April 25, 2022 1:43:55 PM
A statement about 30 ounces produced in the last quarter is more truthful you say
From the MExus 10-q filed in February 2022;
For the three months ended December 31, 2021, the Company had recoveries from the sale of gold of $59,889 compared to $13,659 for the three months ended December 31, 2020. Sales of gold are reported as a reduction of exploration expense in the consolidated statement of operations since the Company is in the exploration stage.
$59,889 of sales divided by an approximate gold price of $1,800 per oz gives you 32 oz of gold.
So yes, 30 oz of gold is more truthful than the PR claiming $128,000 of gold sales.
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