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  4. Mexus Gold US (MXSG) Message Board

San Felix has existed mostly as a property to oper

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Post# of 2063
(Total Views: 265)
Posted On: 06/20/2019 10:35:11 AM
Posted By: Megashear
Re: AquaFX #448
San Felix has existed mostly as a property to operate briefly and then try to flip. Mexus apparently didn't know how to play the game but if you google back in time you'll see that San Felix has changed hands and had a troubled history for decades. It's always been murky and a distraction way back in 2012 when efforts should have concentrated on Santa Elena which was in production using the ball mill not a heap leach. It was shut down by Mexican EPA and that seems to mark the loss of momentum on a single property.

I recall that as soon as the CEO had tied up the purchase the property was for sale so we were buying and selling it almost at the same time - and the sale went bad. I don't know the status at present. Even before Azuka's ownership it was murky property.

Here is a 2007 video I take to be an attempt to sell the property

https://www.youtube.com/watch?v=PPzIEFoTxyA#t=42

And a long narrative from 2010 about the owners McComb and Hoag and Azuka - it's long and I would need to reread it to refresh my memory from when i first uncovered thisarticle several years ago.

http://translate.google.com/translate?hl=en&a...negra.html

I should save that to disk in case it disappears. . Would hate to lose such a convoluted story of McComb and Hoag - one of them is the guy in the big visor I take it.

This version is a Google Translation of the original.

The mine has been mothballed and probably vandalized for years - talk of restarting anytime soon is not convincing. But I'm not there and don't know the facts on the ground. Mostly San Felix (earlier name was Mina La Negra) is dark hole that nobody wants much to talk about.



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