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Posted On: 04/29/2021 4:00:17 PM
Post# of 2062
Undoubtedly. The new notes will be listed in the next filing.
I looked at the Zapata stuff. They explore for properties to sell or option to third parties and The Apache property looks to be in very early stages of exploration.
If nothing comes from the next leach cycle with the ore from the impending blast, Mexus is headed to the trip zeros, and the share count is really going to blow up in my opinion.
So far Santa Elena has not even been proven to be economically feasible based on the results to date. If you look at the burn rate per quarter over the past 5 years, and the minimal amount of gold produced, it shows that Mexus has become just a big money pit for toxic lender dollars while PT and crew struggle to figure out how to extract whatever gold is in the ground. Just dismal performance. If he worked for any other company, he likely would have been shown the door after the MarMar fiasco. Unfortunately for shareholders, he has full control.
I looked at the Zapata stuff. They explore for properties to sell or option to third parties and The Apache property looks to be in very early stages of exploration.
If nothing comes from the next leach cycle with the ore from the impending blast, Mexus is headed to the trip zeros, and the share count is really going to blow up in my opinion.
So far Santa Elena has not even been proven to be economically feasible based on the results to date. If you look at the burn rate per quarter over the past 5 years, and the minimal amount of gold produced, it shows that Mexus has become just a big money pit for toxic lender dollars while PT and crew struggle to figure out how to extract whatever gold is in the ground. Just dismal performance. If he worked for any other company, he likely would have been shown the door after the MarMar fiasco. Unfortunately for shareholders, he has full control.
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