Replies to post #40422 on Mexus Gold US (MXSG)

[Miz Ellie]

As Paul Harvey used to say.....now for “ The rest of the story” :

But there is the BIG part of the story still MISSING, and my hunch is that the rest of the story will be greatly worth the wait! The reverse split needed to get done NOW.....if a BIG miner wants to buy in with everything getting organized in a clean order! I always doubted that PT ever thought that he would bring Mexus to full fold out in operations ALL on his own. He realized that a startup depends on looking attractive enough to bigger miners to eventually take over the costly operational expenses. PT has taken Mexus just so far to look attractive enough for a JV with options of a buy in later, or waiting in the wings for a complete buy out. He needed to gussy up Mexus, get the ramping up time in order, fix any operational snags, with the use of the ball mill so they could start selling gold. They finally fixed the gold recovery that was blocking up the works/ caused the big snag, and are on their way! We KNOW that the recent $9,000.00 some odd dollars of gold sold is just a drop in the bucket, and a test sale as Dino points out, with the recent ball mill start. Still believe that the sharp increase in gold SOLD will be “ THE REST OF THE EXCITING STORY” that we DON’T KNOW yet! Evidently, if a BIG miner is interested in a buy in, the BIG miner ALREADY knows what excellent gold amounts are ready and waiting to be recovered in many more golden years to come! Just excited that upon the forward looking news of late, with any upcoming announcement of a JV or a complete buy out....the rest of the story CAN’T be written by anyone else but Mexus. NO other version from others will suffice..it will be Mexus telling it’s true happy ending to a bigger beginning! I wait anxiously for that GOOD news to come sooner rather than later so Mexus can write a happily ever after conclusion to “ The rest of the story”!

Good Day!

[A Dinosaur]

That sounds like a "test" sale for both parties. A few ounces from the AgCl trapped gold to a) prove the recovery technique and determine the dore ratio and b) to establish a working relationship with the new US-based refiner. Both points are good news. I think the reverse split was premature, but we'll just have to wait to see if his optimism is justified.

Dino