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Posted On: 12/23/2023 12:32:37 AM
Post# of 2062
I see no activity in the month of December - even when Mexus was operating the mine there was a long downtime in December so I take it the current operator on the site - an unknown entity - is doing the same.
The nearby Noche Buena mine has shut down from what I see by imagery - interestingly the road from Hiway 2 to the Noche Buena mine is still being watered for dust control - that shows up by color change day to day. Tan to rust colored when they water the track. They must be moving equpment out as they decommission and I assume are working on remediation. The Noche mine has a large footprint and there will be maany months of work to stabilize the leach pads and ponds there. Fresnillo has the money and know how to mothball the site. Mexus won't remediate anything . I'm pretty sure the work done there this fall is being done by some other outfit. Nothing is clear to me as to ownership. lease and claims status, or the current operator. And we've never really known much of the resource.
Mexus turned into a bad dream - many can say "I told you so" and that's ok and true. It stings and that invested money will never be recouped - it's gone. Hope other investments make up some lost ground over the next couple of years. Have always held a core of other less speculative stocks that have been unaffected by Mexus which was a penny stock gamble from the outset.
I have a 3 pound chunk of quartz vein material, a Mexus ball cap and that salsa and steak dinner at the Pioner Steak House eight years ago on the trip to the mine with Rancher44 and Citoyen. Made some friends I'm still in touch with. i sincerly miss Belgie and have only good memories of our emails and several eyeball visits in the Portland area. . That's the good stemming from this journey, relationships. I blame no one but myself for the downsides.
I don't know that there will be any more to report on. We're in a vacuum as to info on Mexus. Something is going on at the minesite. If there is eventually an operating mine there, which I deem possible, I don't think we bagholders will be part of it
Be well, stay out of Sonora State Mexico where there is far too much random violence.
Movin' on.
The nearby Noche Buena mine has shut down from what I see by imagery - interestingly the road from Hiway 2 to the Noche Buena mine is still being watered for dust control - that shows up by color change day to day. Tan to rust colored when they water the track. They must be moving equpment out as they decommission and I assume are working on remediation. The Noche mine has a large footprint and there will be maany months of work to stabilize the leach pads and ponds there. Fresnillo has the money and know how to mothball the site. Mexus won't remediate anything . I'm pretty sure the work done there this fall is being done by some other outfit. Nothing is clear to me as to ownership. lease and claims status, or the current operator. And we've never really known much of the resource.
Mexus turned into a bad dream - many can say "I told you so" and that's ok and true. It stings and that invested money will never be recouped - it's gone. Hope other investments make up some lost ground over the next couple of years. Have always held a core of other less speculative stocks that have been unaffected by Mexus which was a penny stock gamble from the outset.
I have a 3 pound chunk of quartz vein material, a Mexus ball cap and that salsa and steak dinner at the Pioner Steak House eight years ago on the trip to the mine with Rancher44 and Citoyen. Made some friends I'm still in touch with. i sincerly miss Belgie and have only good memories of our emails and several eyeball visits in the Portland area. . That's the good stemming from this journey, relationships. I blame no one but myself for the downsides.
I don't know that there will be any more to report on. We're in a vacuum as to info on Mexus. Something is going on at the minesite. If there is eventually an operating mine there, which I deem possible, I don't think we bagholders will be part of it
Be well, stay out of Sonora State Mexico where there is far too much random violence.
Movin' on.
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