This news out this morning - Sunday, July 11th fo
Post# of 2057
(Total Views: 380)
Posted On: 07/11/2021 1:45:13 PM
Re: InvestWisely #1552
This news out this morning - Sunday, July 11th for a rare weekend press release, It is also on the company website under the NEWS tab.
https://www.marketscreener.com/quote/stock/ME...-35832798/
The important part of the release:
Mexus Gold US : To Perform Initial Shipment Of Activated Carbon
07/11/2021 | 11:58am EDT
CABORCA, Mexico, July 11th, 2021 - Mexus Gold US (OTCQB: MXSG) ('Mexus' or the 'Company) announced that the company will be shipping approximately one ton of activated carbon to the U.S. for processing this week. It is believed that this material contains up to 4000 grams Au equivalent.
'The first shipment of carbon for processing is a huge milestone for Mexus with the resulting cash flow allowing us to step up production. The heap leach pad returns continue to be excellent and volume should improve as we expand the pad footprint.' added Mexus CEO Paul Thompson.
Good news. Hope it means Mexus can self-finance operations without further toxic loans. The first part of making money is to stop losing money - hope we're there and for the first time.
At the bottom of the Market Screener page a link list to prior releases including Management Discussion from the recent Annual Report - easier to read this doc than paging thru the complete 10-K.
Just scan your eyes down the titles of the past five year's worth of press releases for the words "production" and "progress". They've been used a lot but this one today reads and feels like the words are more meaningful.
Go Mexus.
rjw/mkc
https://www.marketscreener.com/quote/stock/ME...-35832798/
The important part of the release:
Mexus Gold US : To Perform Initial Shipment Of Activated Carbon
07/11/2021 | 11:58am EDT
CABORCA, Mexico, July 11th, 2021 - Mexus Gold US (OTCQB: MXSG) ('Mexus' or the 'Company) announced that the company will be shipping approximately one ton of activated carbon to the U.S. for processing this week. It is believed that this material contains up to 4000 grams Au equivalent.
'The first shipment of carbon for processing is a huge milestone for Mexus with the resulting cash flow allowing us to step up production. The heap leach pad returns continue to be excellent and volume should improve as we expand the pad footprint.' added Mexus CEO Paul Thompson.
Good news. Hope it means Mexus can self-finance operations without further toxic loans. The first part of making money is to stop losing money - hope we're there and for the first time.
At the bottom of the Market Screener page a link list to prior releases including Management Discussion from the recent Annual Report - easier to read this doc than paging thru the complete 10-K.
Just scan your eyes down the titles of the past five year's worth of press releases for the words "production" and "progress". They've been used a lot but this one today reads and feels like the words are more meaningful.
Go Mexus.
rjw/mkc
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