When I made mention of November 1st someone remind
Post# of 2063
(Total Views: 315)
Posted On: 10/26/2018 12:55:08 AM
When I made mention of November 1st someone reminded me that the wording of the Contract said first week in November so it gives some leeway and if you take that to mean the first full week then it's even later into the month. I hope for Nov 1st also but we're so used to delays that a few days won't matter.
The drilling Argonaut did was on a short sked - even though the had six months they didn't move onto the property till October and were done in under a month -working long days they can do a lot. Major may finish well before the end of November.
I still wonder what Mexus will do for funds in the long period after this drill program and until someone starts producing gold. Any who think it's a few months will likely be disappointed to learn it's more like two years if the JV does it right - more drilling, draw up a mine plan then build a modern processing plant and infrastructure to the tune of millions of dollars. 2021 is not a bad guess as to revenue for a serious outfit taking their time to do it right. Any initial rise in share price on signing a JV will go thru a decline as we all grow tired of waiting so this may be best for shareholders younger than me - I'm 74.
I know of at least two older investors- my age - with fairly large holdings who have already died before they saw anything of substance happen with Mexus. It'll be up to their families to mess with the Certificates that for the moment nobody can move to brokerage.
The drilling Argonaut did was on a short sked - even though the had six months they didn't move onto the property till October and were done in under a month -working long days they can do a lot. Major may finish well before the end of November.
I still wonder what Mexus will do for funds in the long period after this drill program and until someone starts producing gold. Any who think it's a few months will likely be disappointed to learn it's more like two years if the JV does it right - more drilling, draw up a mine plan then build a modern processing plant and infrastructure to the tune of millions of dollars. 2021 is not a bad guess as to revenue for a serious outfit taking their time to do it right. Any initial rise in share price on signing a JV will go thru a decline as we all grow tired of waiting so this may be best for shareholders younger than me - I'm 74.
I know of at least two older investors- my age - with fairly large holdings who have already died before they saw anything of substance happen with Mexus. It'll be up to their families to mess with the Certificates that for the moment nobody can move to brokerage.
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