Replies to post #23404 on Mexus Gold US (MXSG)

[gitreal]

There is a lot more that goes into mining costs than the routine weekly costs during production. All that equipment does not show up magically by itself. How about exploration costs, permitting costs, metallurgical testing costs? And environmental costs.....all those nasty tailings have to go somewhere, be controlled, and what about reclamation? Water? Lease costs? Royalties. And yes, management, marketing, benefits, and on and on.

And of course.....you left out the actual mining costs.

All that, with no exploration other than surface grabs, no true feasibility, no reserves.

But never mind all that.....Mexus management claims $150/oz production costs, and they are experienced miners, right? Mining is so darned easy! Blast it, leach it in a big old vat, and gold pours out the other end.

[realtorwsm]

I appreciate your insight Dino!

It is impressive that PT has taken the reins at Ures and pressed MarMar for recovery of Elena's situation.

Trying to take a Warren Buffett approach to all of this (mexus)and remember that the orginal intent of my investment is longterm! To have the foresight that this is going to be big in the yrs to come and that management continues to do everything in its power to get us there.

No doubt progress isn't fast enough for some and at times i get discouraged (especially the Mrs who needs to retire) but the constant study of the situation (metallurgical/post/reports/contract/PR's - it WILL happen! The most recent increase in comunications (PR's) and insight of trusted advisors as yourself and others make it a smoother ride.

Prayers lifted for PT's success!