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Captain Black Bob Blanco

06/27/22 9:40 AM

#45139 RE: Captain Black Bob Blanco #45138

An actual update for shareholders would be informing them of how long ago he ceased operations at the mine and why, and what happened to the supposed concentrates shipments. Some info on the supposed deal in place on one of the other properties? Irmex is it? Whoever they are. It’s been months now, since Mexus has called them a partner. What did Mexus receive for said partnership? That would be an update.
This is just stringing shareholders along and kicking the can down the road. How many times can they say they are in negotiations?
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T-Hawk

06/27/22 11:58 AM

#45142 RE: Captain Black Bob Blanco #45138

The company currently has an agreement in place on one of these properties (Mabel project)


Oh it does, does it?

Date the Form 8-k filing was completed?
Name of company the agreement is with?
Final terms of the agreement (Don't need to see the full contract but an overview of general terms like consideration paid, duties to be performed, royalty or splits etc.)?

To me this appears to be PT meeting the minimum standards he needs to meet to stay compliant with the SEC and more importantly, the terms of the toxic lender. Once all of these notes have converted (assuming the 10-k doesn't show more) I'm guessing PT goes dark and Mexus quietly rides off into the sunset.

Speaking of the 10-k, that’s due on Wednesday. Will they make it, or will an extension be filed?