Mexus Gold US (MXSG)

[T-Hawk]

It depends.

A legitimate, credible, drilling program with results and reports completed to generally accepted industry standards (not a Ceasar special with avg hole results) would help share price slightly. Whether or not those results showed a level of gold that could be mined at a profit would determine if the increase in share price would be significant.

The likelihood that Mexus can put together the funds to perform a drilling program that results in a credible mineral reserves assessment is extremely unlikely. Given the past poor performance and questionable operations, doing a capital fundraising campaign would not be a realistic way to generate enough working capital. In order to "clean-up" the bills the new CEO would need to reverse split the stock with the intent to dilute and sell more shares. Buyers would be few and far between.

Should it be the case a new CEO for Mexus (perhaps Ashley) steps in, cleans up all the bills, and starts a bonafide drilling program, what would that do for the share price?