Replies to post #28368 on Mexus Gold US (MXSG)

[wingman4]

Thank you for that explanation. I like how they are doing things this time around even if my expectations are much greater than the results. What do I know. Lol.

[T-Hawk]

This was supposed to be a higher grade area. The company has portrayed it as such. Compared to the numbers the company has thrown out at for other areas assayed these recent drill results are paltry.

Earlier this year the company reported 3 samples at Ures showing 9, 47, and 10 grams of Au each with 41, 33, and 8 grams Ag as well.

A year ago Santa Elena was reported as adding new material to the heap leach pad that was assayed at 12 to 14 grams per ton Au.

So hearing the latest drilling showed one hole had "detectable amounts" (whatever that means), another had 0.5 g/t and the best one had 6.28 g/t is not good when compared to the previous reports that other areas were supposedly 12 -14 g/t.

The company did just as much to set up the unreasonable expectations as everyone on this board.

It is everyone on this board that is cheerleading and dreaming up these big imaginative figures that gets everyone disappointed.

[gitreal]

First, holes 00- 04 it will be testing the extent depth of 50 meters, to check if the structure maintains a width of about 10 meters and the au-ag content.

The only significant mineralization appears to be a meter of quartz vein, and only one reasonably good intercept in three holes through the vein.....the gold is pockety and not continuous, which was predictable. The entire 10 meter width and the shear zones are crap.

There is a reason that the Julio Mine has been a "family" operation for decades. It can best be described as an artisanal/hobby level project. Also good for a stock promotion!