Got that right, boo. Mexus Mexico is NOT up for bid and certainly not what any confirmed nutball simpleton thinks could be Mexus USA itself. Any shares are in the parent company, MXSG OTC symbol and owns 99% of Mexus Mexico as a subsidiary . Mexus Mexico owns the rights to mine the Caborca claims and a BRAND NEW Mexican Joint Venture corpoation is offered to any taker as minority partner only.
Unlike any pure drivel posting what’s for sale is the opportunity to put up the front end cash so no more dilution of Mexus USA for a minority position on a damn sure thing. How much of each is the entire negotiation. Can be CERTAIN both Julio and Momo hauled them down Julio 2 shaft to see the free hanging gold wires and chip a few visible face gold quartz chunks for assay. Crap, they could come by and do Dorly’s if they like. Day the joint venture’s signed it’s been prepped to start hauling using what THEY bring to the deal. Necessary licenses and personnel. I’d say a month getting underway just using that’s already there but a biggie’d want to hit it big and make NEWS like
“The sale is expected to close in early October and is subject to Fresnillo shareholder approval. Newmont owns a 44 percent interest in the Penmont joint venture and related gold properties (La Herradura, Soledad-Dipolos and Noche Buena), which are located in the Sonora region of Mexico. Penmont is operated by Fresnillo through Minera Penmont S. de R.L. de C.V. (“Minera Penmont”) and Fresnillo owns the remaining 56 percent interest. At December 31, 2013, Newmont recognized net book value of the Penmont joint venture totaling approximately $365 million. La Herradura has been in operation since 1998. Soledad-Dipolos is located nine kilometers northwest of La Herradura and commenced operations in January 2010. Noche Buena is located 23 kilometers northwest of La Herradura and operations commenced in the first quarter of 2012. Penmont produced approximately 183,000 attributable ounces of gold in 2013, ”
Just amazing how much stupidity can be produced from one dunce piled deep over the years. Has become its own open pit going deeper. Lighter than air brain matter may be mined for balloons saving valuable Helium.
I’d not look for Ures claims as even an noticeable expense other than to maintain the claims. First year’s profits and cash in the bank debt free’ll be time to think infrastructure. VERY remote and rugged but prolific area for miners running due east into Sierra Madre Occidental. But a half century miner’d know all that and be figured into the equation. Fact that is even mentioned since Jan ’11 Rancho take on means he means to mine it. M0RE crap? can come assay my office 12# silver/ lead sulfide boulder blew Tucson Intl security x-rayer scope. Box weighed 50# but was copper/gold rock samples also from all 4 areas. “What in the hell is that!!!” I showed them. Tom helped me get carry on up in the overhead. 8
htt# p://en.wikipedia.org/wiki/Sierra_Madre_Occidental