Lift lid before use

I see  the RB  turds  are  surfing   here now.   What  haps next March is  final date  to post  the  $4 mil to own  Mexus JV  50% and San Felix ejido rights. Totally  nothing  to do with Rancho which is  NOW  the  only  active  project.  Means  we have  no costs or  liabilities associated with that  project  UNLESS we  take  back  the  JV  and  seek the  costs from  First  Pursuit.  I don’t  think they wish to give  it back    so I’ll count  the  $4 mil in treasury  ABOUT the  time  we  begin  stacking heap  for  leach after   9 months  of  .042 oz/ton placer shared  with family  and  same period  of  .40  oz/ ton milling at  100%  when family’s  $2  mil is  paid  off  at  40% smelter  royalty.  That’s  when about 4K oz  produced  around   Jan  ’15  depending  on which flow  chart  is  in play. I do know  they are  VERY flexible  and  wish  mining  to proceed  faster  than  they want  cash pay off. It  can  be  on the  books for  payment after  build  out.  But  thing about  turds? VERY small eyes  and  hard  of  seeing.  No ears  at  all.  Best  sense  is  smell.

” think we go lower. We have 8 balls saying wait till march now. Before it was wait till Jan. then April then May. ”

‘”If we can believe that we were offered ~$7.6 MILLION for whatever at Rancho. Based on that we still had a strong majority of the ownership”

BTW MID-7  figures  AINT $7.6 mil!!! I calls  that  HIGH 7’s . Approching  LOW 8s  My  est  was  $3-6 at  highest and  MUST include  least  49% owned   but  probably  OVER 50% and  we  still do production and   fade the cost. That  point? I’d  say Hell NO as  well. 8

5 thoughts on “Lift lid before use”

  1. 8, I just remember back when I was a young’n (okay, not “our” comparison – you’ve got me beat by a couple) but, reality isn’t the theme – gimme it now, be damned the future, be damned the options that lead to other paths “less traveled”. Know a bit, traveled all states from TX to CA, always amazed me? Urinals were always filled with crap? But when learn how supply lines work, shutoff valves, floats, nuts n bolts, butt pads, porcelain, easy to clean, toilet paper on the wall, with trash can sitting next? Makes one wonder why a simple man would shit in a urinal eh? You know I hate making posts these days, but hey, I just tolerate these days. On paper, wow, would love to see these such gains today – day over day – in SP, not got a bank in it, but might have to buy one as she unfolds. Do what I can, when I can. You know what you know, on a few levels, I’ll bet some Blooming Onions ( Steak to follow) that a little patience is yet again the King! Me, me no sabe nada!

    “: Moliere: ‘Trees that are slow to grow bear the best fruit.’, Cassandra Clare: …”

    Cheers 😉

  2. “Redwood” best timber on planet, pest & critter resistant lumber indeed, few places to harvest, know where it is, not a fools game when it comes to harvest! Sutter’s Mill was surely in ballpark. Ole Jean musta had a fruitful life – was everywhere, coined as I understand. Me, just being me! Mucho potential with a Ranch (or two) – Ponderosa and a few Lindsey Creeks ? I guess it happens! But give me two bits and shave, I’ll prolly plan on figure’n how to plant some Redwoods south, while plumbing in Canucks north. Jake ism there Sir! Cheers

  3. Only thing the RB Mexus Board is good for these days is the entertainment value of the Raging stupidity that occurs there. Talk about Paul and his ‘mistresses’ and his imminent retirement from gold mining just certifies their stupidity. Since we know they are following here just some words of advice for the bashers: It is better to keep one’s mouth shut and let people think you are a fool, than to open it and thus remove all doubt.

  4. Read first in Cane Mutiny early 50’s.P 101, When in danger or in doubt? Run in circles, scream and shout. Old military adage called Mongolian General Prudential Rule (AKA Chinese Fire Drill). Not actually a Burma Shave rhyme. Acronym widwidricsas. 8

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