Mexus Gold US (MXSG)

[gitreal]

why does gold have to be produced ?

If they could produce gold at a profit, they'd be mining/producing right now. They're not, so the logical conclusion is that they cannot produce at a profit. $38 million down the tubes.

I wonder what those 2 previous joint ventures saw?

We know what they saw. Argo saw a sub-economic property that was not worth any more expenditure of funds. The drill results sucked.

As for MarMar, they saw an easy mark, someone (PT and his investors) that they could take advantage of and maybe pay off a few debts.