Replies to post #19990 on Mexus Gold US (MXSG)

[gitreal]

You are welcome, I have no problem at all agreeing that there is gold in the ground. Gold is not as rare as some might think. Gold that can be profitably mined is what is rare.

[gitreal]

I put it in brackets so that anyone could clearly see what I added. Again, the presence of gold is not that uncommon. There are thousands of prospects in Mexico and the US Southwest where gold can be found in rock samples. Very, very few of those can be mined profitably.

Fun fact.....at this time, there is not a single mine in Arizona actively being mined primarily for gold.

[1manband]

there IS gold in the ground.

There is gold "in the ground" on just about every single square inch of the earth's surface. Including my own backyard. But my backyard cannot be profitably mined.

But finding economic deposits of gold that can be mined profitably is the issue. Gold is present most everywhere, but in very limited amounts. There are very, very few of those places remaining on the entire planet.

And Argonaut's drilling demonstrated that MXSG's property is unlikely to be one of them. And so far, the work that MXSG has done bears that out.