Replies to post #43307 on Mexus Gold US (MXSG)

[T-Hawk]

PT says Santa Elena infrastucture alone is worth a cool $10 million....... Give or take $9,999,999.99.

News and Press Releases
Mexus resumes full operations
CABORCA, Mexico, May 26th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that the company resumed full operational production after a slow down due to COVID 19. On May 23rd the company resumed crushing and placement of mineralized material on the heap leach pad. Leaching has been continuously flowing at .019 GPT to .048 GPT from 3/1/2020 to now. The company expects grades to go back up to .05 GPT given results of the assaying done on this material.
Mexus recently retired a $142,000 loan using stock held in reserve by the lending company. Although this loan was not optimal it did assist the company in getting the mine into production.
For the last 3 months the company has been able to operate and expand using gold sales only and without taking on further debt. The infrastructure at Mexus’ Santa Elena mine is valued at over $10,000,000. The company has and will continue to produce gold for years to come.

[pedro17]

Dummies like me that invested in this turd are the "folks" I was speaking to, and their investment is the money that got robbed. Beware the "honest man" who can't speak clearly or truthfully.