Fresnillo wouldn’t be sharing ANY technical advice or having an technical exchange, if it wasn’t going to be of a benefit to them too! Mutually happy? Mutually beneficial? Why now? Just to be neighborly after all of these years knowing about us? Our next door neighbor, Noche Bueno, ages out with the closure time announcement, and guess whose next? We all have figured out that it seems to be Mexus’ turn next.
From what I remember and understand from someone that contacted Robert Garcia personally, Robert knew what the problem was and how to correct it. It is imperative to remember who was contractually in charge of things at Santa Elena at that time .........it was MarMar all of the way. Mar Mar’s group wasn’t qualified enough to stick to Robert Garcia’s advice or purposely ignored Robert’s advice while screwing things up even more. Robert observed for a while before leaving, and came away knowing that things were not being correctly done at Santa Elena mine as he had advised. During this time, Paul Thompson’s hands were tied contractually and unfortunately forced to wait until the opportune time to get MarMar out, and gain operational control again. As I understand the retelling of the conversation with Robert Garcia, that was the history of why there was too much salt and the damage to the heap leaching pad. Robert Garcia still remains a world renowned mining specialist, and this conversation with another shareholder convinced me that Robert Garcia’s reputation remained stellar. This should answer your questions about his reputation and explain how things actually came down concerning why things didn’t improve on the leach pad and gold recovery. I trust this shareholder implicitly that this contact actually took place and the content to be genuine.
Now, as far as Argonaut, that has been explained over and over again with the unfortunate timing of a new CEO, and his wanting to change directional plans coinciding with the much lower price of gold at that time. If this CEO change hadn’t occurred, I believe that the JV would have reaffirmed and things would have been MUCH different.
I am a firm believer in things working out for the best in the end, but in the midst of the commotion to get there, things always seem much more complex, Fresnillo seems to be Mexus’ logical answer in my opinion, and what a blessed opportunity it would be! If this is indeed ahead for Mexus investors......NO HYPE was ever needed, because those that know better than us....like Fresnilllo....knew that Mexus had it all along!