(Total Views: 219)
Posted On: 03/23/2020 9:43:46 AM
Post# of 2064
Another crappy Pr in a long line of crappy Pr’s . Why even bother to put that Pr out? Unless it’s to help the note holder or someone else sell some shares.
It said nothing about how much gold was produced or sold, and nothing about the status of the loans. That’s all that most shareholders want to know about! The fact they they didn’t address this again leads me to think, that they are still struggling to recover significant amounts of gold.
Cash flow positive? What is that? 2 ounces per day? 3 ounces per day? 5? WTF? 10’s of millions spent so far.
How about some transparency and tell us what’s really going on.
As for the new goal of producing 10 ounces per day within 60 days, the following excerpt is what they said in the March 02 Pr
“Under current conditions Mexus will be able to produce 5 to 7 ounces of gold per day with the goal of increasing to 10 ounces of gold per day by March 30th, 2020”
So I guess the goal posts have been pushed back again.
It said nothing about how much gold was produced or sold, and nothing about the status of the loans. That’s all that most shareholders want to know about! The fact they they didn’t address this again leads me to think, that they are still struggling to recover significant amounts of gold.
Cash flow positive? What is that? 2 ounces per day? 3 ounces per day? 5? WTF? 10’s of millions spent so far.
How about some transparency and tell us what’s really going on.
As for the new goal of producing 10 ounces per day within 60 days, the following excerpt is what they said in the March 02 Pr
“Under current conditions Mexus will be able to produce 5 to 7 ounces of gold per day with the goal of increasing to 10 ounces of gold per day by March 30th, 2020”
So I guess the goal posts have been pushed back again.
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