Mexus Gold US (MXSG)

[A Dinosaur]

From the Mexus website:

Mexus-Trinidad Operations

06/14/2013
Mexus' Paul Pelke has started on the 43-101 report. Drilling to start soon on our target of proven reserves. Mexus plans to restart production approximately 7-1-2013.

Obviously restart has been delayed, but at least the intent to generate a 43-101 is there. It does help stockholders because most institutions won't invest without one. It gives analysts a basis for comparison and, last but certainly not least, it gives credibility to the mining operation to the investing community.

Other than that, it's a waste of time and money.

Dino