Replies to post #40263 on Mexus Gold US (MXSG)

[Aqua-FX]

Pulling out all the stops.
- new gold area
- Bringing back Mabel
- possible JV

Where have I heard all of these before? Could it be yet more distractions away from what Mexus promised in terms of guidance?

[gitreal]

In the opinion of Mexus’s chief geologist, Cesar Lemas, the quartz vein structures at the Santa Elena project can be estimated to have near surface production potential of about 3.6 million tons of more than 1.0 g/t gold. Thrust fault shear zone potential can be estimated about 5 million tons per structure and grades of 0.6 g/t gold that can be measured now and possibly several of these parallel structures will emerge as exploration continues.

So.....estimations of tonnage and grade again. With only partial exploration, and admission that the geological structures are only partially understood. Gutsy move, Lemas! So, put it in the next SEC filing, and see what the SEC says about that.

And the Mabel area again? An old Lemas project from 2009, apparently. He has made a career off promoting marginal projects. 30,000 ounces, way below where any legit junior miner has any interest. No wonder it is available to a shady sub-penny stock like Mexus.

With gold rolling in from the leaching operation, now they need to find a partner? Why? Sounds like there are serious money crunch issues.