Today at  9 Mtn. 800 238 9007. Passcode 621855. Of  great interest  the  dore  plant  finally commissioned and  hi grade  stuff   stored all way back to Jul ’10  with  near  6K oz   equal  ready   pour  in  the  2nd  circuit.  Costs  down 52% this  qtr. Time  to see  some liquid  metal not  grey powder  but  crap is  92%  recovered  as  float silver  and  gold. In 3rd  Qtr  $11.4 million from base metal  as  by product aint  shabby. Meant  $960  in base metals  for  each Gold  equal oz  sold vs  $1295 gold  and  $20 silver. Just hard  work hauling  around.  Dore still produced  by  float but   added  Knelson  Concentrators   give  them pure  PM to  self refine    and  save  a  bundle. Agitated  leach not  used  but  I’d  say the  furnacing area of  2nd  circuit  makes  the dore since  was  none in the  float  circuit.  Still looking  for  a  single  high grade  PM source in  places  like  Alta  Gracia as  time allows  with about  5  drills if  I hear  right. Arista development   lets  them be  moved some  distance  for awhile.

“Alta Gracia property:  Diamond drilling commenced at Alta Gracia during the third quarter of 2014.  Fifteen diamond drill holes totaling 2,991 meters were completed during the quarter.  Exploration drilling is targeting extensions of known ore zones historically mined at Alta Gracia.”

3 surface  veins there   are polymetalic hi grade  so best   PM source  is  still most  distant  El Rey not well  drilled just  sampled as  probable  open pit

“The El Rey property is located approximately 64.4 kilometers (40 miles) from the El Aguila Project at the northwest end of the Company’s land position along the “San Jose structural fault corridor”. The El Rey property consists of 2,773 hectares. Limited drilling at El Rey has encountered gold and silver mineralization up to 1 meter of 132.5 grams per tonne gold (4.25 ounces per tonne) and 1.5 meters of 958 grams per tonne silver. The mineralized material has been located within 100 meters from the surface.”

Would  have  helped  to have  previewed  the  10Q but  been busy with  our own mine and  just  came put  y’day covering  Sept  30th. Still of  great interest as  a  good to  diversify back into some  time. Monday 5th $3.50 may have been a  good one.  About same  low in  5  years  as  May 12th with rise  to $6. Should  find  a  profit out point  there  someplace!  8

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

Seems all those non-existant bidders existed and still interested IF they come up to snuff before he accepts current major with 10 days left to make their offer. I believe they all have seen what’s there. Only question’s do they want it at Paul’s minimum acceptance and I think they know that too. Yes, it’s a game but a damn serious dealer with the deck in hand and high cards spread on the table. Bet or get offa the pot!

Mexus Gold US Julio/Santa Elena Update

Kitco 1:41 PM

Oct  28th

“Probably  will wait  on DD by  the major. Reasons  I state.  Agreement  is  to possibly agree and would  be  totally  BEST arrangement  possible for  both.  1st cores  do show VISIBLE   gold  all levels but  we know  that. Might  not be  full month . If I count  right   as many as  5  are  of interest but  nothing  else moves past take  a  number and a  seat long as agreed 3… ( NOW  10 DAYS)   more weeks.  For  certain is  a  quiet  period”

“Starting  about  noon when East  polls  begin  to come  in I want  to see that  sorry  SoB Chicago city  blow hard nothing  organizer (assume  means  murderers  get in  neat line where  none  have  self  protection rights)     realizes  he’s  been voted  the  worst  POTUS ever! When GA Peanut  Jimmy  says I relinquish the  title ? Even Ma  Richards last past  Texas  Demo Gov ‘d   tell all   “Turkey’s  done, stick a  fork in  him!”  Add in  Lil’ Tennies  Wendy, next  non- Gov.”

Texas chuckles  at not  quite  Blue   turned   22 pt  loss  “Gone  with the  Wendy” but  Obama  takes  the  cake,  more  tone  deaf than Alfalfa! “if  the  2/3rds  had voted?  We’d  have  won!”  Some may   recall  The  G W  Lout’s  Messiah 2nd  coming in ’08.  Must be  Raptured  by  now.  Takes a  narcissist  to know one.  8

Been there  done that often.  From the  bottom, everything  looks  like  up.  Problem is  finding it  to push off  with firm feet in  the  murk caused  by  so many  others looking  too.  Sideways  just  a bit better than  down. Finally  hit  air? Breath deep and  go back for more! 8

Only  way a major to stay in  biz  is  adding  oz. If I had  a  million across  a  fence? I’d  buy   half  their side the  fence. Oct  08  crash  was  $1k to $800 to rise  to $1900. Last check  was  Ask .03,  close  was  Bid  .0245. Where’s  a  crash? He  expects to beat  the 4  weeks  DD and  has  back ups ,  met  one last  week in NV. One thing  for  sure operating  costs WILL  crash with POG squeezed out  of  work on high cost  projects. Seem a  good  time  to start  on  a  low  coster. Blood in  the  streets?  If  certain no Ebola?  Hip boots and wade  in.   

I never  mind  trying  to answer  a  general shareholder  query but  when it’s , “Oh Gosh, I’m scared for me and  my money?  Get  in  line  BEHIND me. There  first with lots more at  risk and  few  to assure  self. Address  HELP  pure self to HMS GW lout  and buds  who know  all but seems can  all tell any  others zippo. 8

“Don…well…re a mexus deal with fresnillo or anyone else, how do you think this latest downdraft in POG might affect prospects for a deal? true that POG could reverse on a dime, but…current technicals suggest lower prices ahead. at what point do you think partner pulls back — or suggests need to adjust terms? i know there are a TON of other variables besides current POG, but if i’m a prospective partner, at some point i might say to myself better to wait to see what market has in store….no?