Mexus Gold US (MXSG)

[cpmill]

Good info, TM.

Though let me play devils advocate a bit (and it is just that (I've got a position here, so I want to see it be wildly successful).

Are they really bringing cash to the table? They are buying an interest, but they are the operating partner, which seems to mean that the $1.5M is not operating capital- that they (Mexus) would have to provide more liquidity for operating capital needs.

And as you listed, their operations have grown exponentially in complexity over the last few weeks.

I mean, I heard Paul saying 20 ton a day out of the underground, but there is no way that they are anywhere near that. I mean, in actuality, what is their production rate at present? I guess we'll have some inkling when their quarterlies come out. I was not under the impression that their previous projects were "on autopilot" or close. They had started some limited production, but were still in the development stages on their current projects.... and I'd like to see them maximizing those before shifting their focus to restarting a dormant mine.

I really hope that they can manage all this- I'm just extremely wary of people that seem to jump from one project to the next before the first one has matured. I would much rather see steady moderate cash flow from stable operations than pie in the sky from the next big thing.

Now if they can manage to do both..... we'll all be very happy.