Replies to post #14100 on Mexus Gold US (MXSG)

[rbtree]

It is totally fine because it is very clear they will produce and be profitable

Clear in the minds of some, but absolutely not clear in any way, since there has been no feasibility study done. It will take several quarters of filings to determine how the production is going...and, of course, there's the little problem of them having to tread lightly in their filings, since, by SEC requirements, they can NOT even claim to be in full production. They have to call it exploratory production.

Maybe they will achieve profitability at some time, but it is far from clear.

[gitreal]

What? Please re-read the statement I made:

There is no way to really know that, until the day comes that MarMar and Mexus talk about divvying up 50% of profit or 50% of revenue, whichever they believe the case to be. Personally, I don't think that day will ever come. Mining gold at a profit is not as easy as some folks make it out to be.

I thought I made it pretty clear that I do not believe Mexus/MarMar will produce gold at a profit.

Regardless, what do you base your conclusion on, that they will be profitable? Anything real? Or just forward-looking statements by the CEO?

[rich2]

Edddyimano,

Do not have the ability to pm

MXSG will have an small ongoing monthly expense for the MXSG employees that will be there and some overhead stuff 35K monthly