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Belgie24

04/27/20 10:20 PM

#37015 RE: A Dinosaur #37014

My gosh Dino, what are you doing on this board? Here you are offering rational well thought out points of view, among the insanity here!

Step by step, Mexus tries to overcome, with little money and resources, but somehow, gold is being produced in increasing abundance, with higher grades offered through the lab report from Hermosillo.

Trashed by some, admired by others, the little train that could rolls on down the line.

Meanwhile, back in the USA, the printing presses are running non stop, billions and trillions to save the economy from the dreaded virus. What will happen with inflation down the road from these policies?

Take one guess.

gitreal

04/28/20 12:21 AM

#37019 RE: A Dinosaur #37014

only a quick check is really necessary

GORO did many tens of thousands of feet of drilling before this board's famous Accumulator became one of the early investors. I believe it was about 60,000 feet of drilling when that particular investment occurred. So, to say that "a quick check" is all that is necessary, I don't think it is fair to compare GORO to Mexus. I would be very surprised if GORO didn't also have a very good geological team working for them, who did some rather detailed resource studies before GORO's management plunged into mining with both feet.

I'll go back into the old GORO filings and confirm all this, it has been a year or two since I took a look.

As for that geological expertise....Mexus has Cesar Lemas who has made a career out of promoting marginal prospects, rejected by other legitimate exploration companies. When a geologist approaches you with a mining prospect that they own the rights to, be suspicious.....they are not acting as a third-party professional, and instead acting as a promoter.

Mexus and its expert geologist can't seem to issue even the most basic of geological reports, even though one was promised to investors over a year ago. Or was it two years ago?

And.....keep in mind that one thing Mexus has done twice now, is to issue extremely incompetent and possibly deliberately deceptive "assay averages" for both the Argo drilling and their own drilling. The concept of weighted averages must have taught on a day when Lemas was out sick. And no professional geologist would average results from drill holes hundreds or thousands of feet apart on separate and distinct geological structures. That is just plain stupid....or again, maybe deliberately misleading.

If the field is rich enough? The drill results that we have been allowed to see do not suggest that at all. Of the drill holes by Mexus, only two had results that were even marginally of a minable grade. The other holes had what were very charitably termed "noticeable" results....in other words, those results sucked and showed that the economic mineralization was not continuous along the vein. Try mining "noticeable".