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Mexus Gold US MXSG
(Total Views: 278)
Posted On: 02/13/2020 11:04:40 AM
Post# of 2064
Posted By: Megashear
Re: Badgerbob #887
i don't expect to see any revenue - they may have recovered some gold in the period but seems it doesn't produce revenue. I do hope this current quarter - shows some revenue but we won't see this quarter till the annual report in July. They combine 1st quarter and Annual so there is a long gap in reports from Feb to July as I recall their report sked.

Amazing how long this has continued with the on and off stated leach and recovery but scant gold and no revenue. I am not siding with the IHUB recreational bashers but I do wonder about the disconnect between leach and revenue - thousands of tons of ore have undergone on and off leach for years - since Mar Mar constructed the leach pad. Not much to show for it. Patience we've granted the CEO - funding we have contributed. This would be a good quarter to see some positive results.

The next convertible loan, due in March, is a large one and if we survive the conversion selling that's going on now for the Jan due date that we defaulted on I don't see how we get thru the March loan unless there is sig production going on now.













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