(Total Views: 233)
Posted On: 10/17/2018 6:15:37 PM
Post# of 2065
Thanks for noting the diff in units which I missed. Glad the two accounts agree meaning we're on track with the Lemas game plan and have funding to make it happen for the moment.
Mexus seriously needs to get its expenses down. I think there are more legal costs in Mexico than they ever acknowledge and even so there seems to be a constant drain for consultants and contractors. Some we know of like office staff and Cesar Lemas. Robert Garcia last spring -- who did not appear to do us any good at Ures. There was a big drain in funding work at Santa Elena that MarMar was supposedly funding but that should all be behind us now and Mexus needs to run lean till they have revenue in sight and I fear that may be two years out.
They will be issuing more shares but if drill results are good the shares will go out at higher prices - I hope higher than 0.0088 - and the overall mood will be improved. Still precarious - we are not there yet by any means.
Mexus seriously needs to get its expenses down. I think there are more legal costs in Mexico than they ever acknowledge and even so there seems to be a constant drain for consultants and contractors. Some we know of like office staff and Cesar Lemas. Robert Garcia last spring -- who did not appear to do us any good at Ures. There was a big drain in funding work at Santa Elena that MarMar was supposedly funding but that should all be behind us now and Mexus needs to run lean till they have revenue in sight and I fear that may be two years out.
They will be issuing more shares but if drill results are good the shares will go out at higher prices - I hope higher than 0.0088 - and the overall mood will be improved. Still precarious - we are not there yet by any means.
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