OOPS! There does seem’s a possible 3rd  partner bid  HMS G White   Lout  can’t  ever think’s  real . Fig  Newtment  of my  imagining. Hit  Kitco 1:17 PM.  NOTHIN’d make me happier than the  silly  sullen   sod  to simply  disappear from following  me into  start up miners I  fund  to initiate operations  then acting with nothing else  but guile in bite  the  back that  feeds  it. Reality? Lout  alone  has  always  been a  “consider  source”  and  we all laugh it off but  I learned in my   W Texas rocky  dry desert  assign 1975? Where’s  1  viper? You attract  a nasty  pit so never  put  in a hand without  a  bright light of investigation. They’ll hide in  the  shadow created  by  the  first with the  thought,” We exist too and is  OFF YOU!”

Devil’s in  details. Hand  PT a  quick $7  mil  next to no strings to take up to  49% , PRODUCE as  contractor in  3rd  qtr  no bullshit.  Means  needed equipment, take on cost employees  we’ve  cleared  acceptable  in 2  mines to just  get  a  show on  the  road. We’ve  the  asset, permits so need is  finance, solely. Our option is  wait. They need to simply  cross  that  min. ante  line  to be  the player  selected.

“The company is also seeking a qualified person to explore additional financing possibilities. Mr Thompson added, “Even though I believe that one of the deals mentioned will get done, we will continue to keep all of our options open.” – See more at: http://globenewswire.com/news-release/2014/07/23/652776/10090674/en/Mexus-Gold-US-Update.html#sthash.RT2Ykrb3.dpuf

I’d  say he’s said’d  take  $7 mil and  under  50%  with acceptable provisions. Both  bidders are nearby mining  lesser  ore at  good  profit and need  no extensive  drill program with what  can even be  seen at  the surface  running  kilometers. Been trying poor  pickins  with family  for years.  Means  are offering  less $ and  wanting more  % . Means  under  $6 mil and over  50% and WE take  a  dull razor  shave.  Chair’s not  too uncomfortable, towel’s  warm ;  we just  wait on a  barber  with kiddies  home  to feed  and  buy  shoes and pocket   million oz  resource at  acceptable  cost.  8

“anyway…back to
mexus…from what i can gather from here and there: paul is
looking for roughly 7M$ in exchange for about 40%. does that
square with you…roughly?

so….jury out….looks reasonable on
paper, but still some big questions re whether anything like
the above can translate into reality…and no definitive
geology raises potential risks for partner which may require
some flexibility from pt whose only real leverage at this
point is to say “no” to an offer….
what say you to the above? very curious
to know whether you think it’s in the general
ballpark….”