BOE says  if  a major  such as  Fresnillo  takes 45% and  uses  shares  to buy then own funds  to develop  45% worth? The  purchase shares  held  by  Mexus are  worth 45% of  current  $11 or  about  $5. Doesn’t buy  45% of  Mexus but  45% of  its  major  asset the  Rancho and  adjoining  property.  It’s more  probable  the  purchase  of  whatever  % was found  acceptable ( reason PT will be  doing  any possible  signIng  In  Hermosillo) will be  cash  to Mexus  so  can provide  own portion of  development. $5  is  no shabby value  to own 55% (or  whatever ) so has  given  some  value  to the  project  at  last. PT’s  NOT taking any  offer  for  over  49%  as  we have  found long  term now. A sale  for  $5 million in  $11 PPS is  455K shares or  $5 mil cash. Toss  in  the  $4 mil owed  on  San Felix JV in March and  there’s  $9 million or  3 1/2 cent  a  share cash value  to buy  today under  3  cents and look for  something enormously higher  with a  contract  for JV 45% in  hand.  Casino does  seemed  rigged  to favor  the player this  go round. Sent  this  to an old  friend

To

Late 10Q? No kiddin! 8

NT 10-Q (Notification that Quarterly Report will be submitted late)