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Marty1010

02/21/22 4:29 PM

#44199 RE: 8thaero #44198

Can you expand on this? Genuinely interested to know what's going on here.

I understand that the gold sold is not listed as revenue but rather as an offset to the exploration expense. In this most recent 10Q it is "sale of gold of $59,889"

Later on in the 10Q, it states that "The decrease in net loss is primarily attributable to ....... an increase in the sale of gold of $46,230"

In the 10Q from one year ago, the income statement lists "sale of gold of $13,659"

The numbers actually match up perfectly. 59889-46230=13659

It seems pretty clear that the revenue is far lower than what was stated in the PR. It doesn't seem like the money is "hiding" anywhere else. Are we missing something?

1manband

02/21/22 5:43 PM

#44200 RE: 8thaero #44198

Industry Guide 7 is no longer in effect.

It has been superseded by new regulations.

Mexus cannot hide gold production. They LIED.