Replies to post #32618 on Mexus Gold US (MXSG)

[gitreal]

This is a monumental and important step for Mexus as it shows we are capable of recovering gold at the Santa Elena mine.

That statement appears to confirm that the 8.2 ounces supposedly recovered before was a lie.

[T-Hawk]

Problem is, we've heard that line before;

Sale of gold confirmed from test run at Santa Elena mine; Ures property nears production

CABORCA, SONORA STATE, MEXICO, February 16th, 2018 (GLOBENEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) announced today that a small amount of gold has been sold as a result of its joint venture operation at the Santa Elena mine. MexusGold S.A. de C.V.’s operating partner, MarMar Holdings, has informed Mexus that 8.2 oz of gold was produced in a test run and subsequently sold. Mexus was hoping for more production having tests from the heap leach pad showing an average of 4.1 grams per ton Au. It is the belief of Mexus that the head engineer for MarMar, who was previously running the mine, may have introduced chemicals to the pad which has made recovery difficult. As previously stated, MarMar has brought in a new engineer whom they believe has the experience and knowledge to correct the issues. Mexus advisors Robert Garcia and Cesar Lemas both agree that this engineer does have the necessary skills to get the job done. This particular manager is making necessary adjustments to the leach pad and is confident that he can recover the gold.

Mexus can claim all it wants in a PR. Until it hits either the financials, or some other document that can be legally enforced, their word doesn't mean s**t.

That's the confirmation investors are waiting for. And that's why share price will remain in the .01 - .025 range until documentation that the company can be legally held accountable for is released.

[Amadeus4153]

All that really matters at this point and time:

Not true. The September 13 PR may have stated that [production was achieved and gold sold. But none of that is legally binding. We shall see if those supposed sales in September show up in the financials legally reported in the upcoming quarterly filing.