Our side of the fence

MD update: since  a  sudden onset  tropic infection,  going  to use  anti- fungal AND antibiotic  powder  not  drops  awhile to dry  it  all out . 18th  next  apt. CAT  scan says  prolly  not an infectious pocket involves  middle  ear. Dorly  saw  the  shit  they  scrape and vacuum out  1st  time. Said UGH! My head’s  kinda turned  as  always but  did  see  ear drum  on a  micro camera  once  now. Looks  bunch like my colonoscopy. Pink and  fluffy . Ain’t  science  wunnerful?   8

 

Caught  him at excavator  moving  placer  as   he’s no more  involved negotiating   the  offer  to sign.  His  part  done  but  as always the  Major is pissed  that  a name is  being  used  that  THEY’VE  not  announced. Haven’t we heard  that  before.  So what  name’s being  said  that  can’t  be  said?  He’ll get  the  placer  and  ponds  in  motion  and  come back  home then back down when a  deal’s done to sign if before   Christmas . Will be  no Mexus  Holiday period as  no union workers to bonus  during  lay off.  Big  as it  seems, there’s   a lot more on the  horizon  he  keeps referring so Julio/Elena’s  only  a  goodly  part  of  2015. If  there’s  a  thing to be considered  most  are unaware?  “Should be  a great  Christmas”  with perhaps  a  PR none  else  involved to approve. Best  I can sketch out. I’d NOT be  selling! Of course  I aint.

So might  well be the BIG news is NOT the Big  Name  but another  dealing  entirely. Rancho MAY be  finalized  before  Christmas much as  3  weeks  away, Like  Sat  afternoons of my  youth. Did  the  cabin explode  before  Lash escaped?.  Be back next  week kids! 5 cent   candy bar in hand  and  I’m  there!

I’m never  able  to tell  any what he  can’t tell any,  just infer. The   Rancho JV will be  agreed or  not based  strictly  on what they offer exactly as  the  last  6 months of   offers.  Another  major event/deal is in  the offing and may  be our  own announcement  even before  the current  JV is  complete.   He’s mentioned  several times recently   Mexus Mexico  is  not  a  one  horse  team. Everyone  in  Sonora  knows Mexas if no other reason than the  honest  dealer  who jailed  a  notorious  career criminal  then hired  on  the  Gov’s  security team to keep clean then on ( or  good  as it  gets). 8

 

http://www.transparency.org/cpi2013/results

 

I mentioned  to  him back a  week or  so that  the 10Q says  Atzek bought out  Mexus  50% of  the  JV  not  a  JV with Silver Pursuit Resources. Seemed  surprised but  my assume is  the  legal writing  the  doc.  is  correct  and  both enterprises  are  so connected  to be  true  and  not a typo.   At present SPF-V is .05C, .044$. Means  the 1,666,000 shares  taken are  $73,304.  Still to pay is  2nd  $100K cash  In July. and  all $4 million  owed by March 24, 105 days  away or  it  reverts to our  50%. I’ve   no idea what  they’ve been doing at  San Felix but  is  rather  rich  to just be sitting  around and  we’re told  they’re pleased. So even without a  new  JV with the Major,  that  $4.1 mil would  allow proceeding  alone  by  end   of March  for much  that’s needed  there. .  Damn good   seat  position  at  the Rancho  card  table.  OR would allow Mexus  to take on  another project  more  ready  than  Ures  clams we   now own all rights  for $50K one  time  payment 5 years after  July  ’09 agreement and  no production.

Was  that 40% royalty   contract that began Mexus  99% ownership of  Mexus Mexico based in  Hermosillio/Ures   as  way  of  history;  then shelved  after  taking  on  the  family  property  in  early  ’11.

But  may still be  talking  of  an operator  there ( very doubtful given status as  future  project,  ready  cash  to develop) .   Should know   soon what  the Mexus alone   PR means .  About all I can extrapolate  this AM.

Off  to see  top drawer ear  surgeon  at  2:15 .  8

 

 

2 thoughts on “Our side of the fence”

  1. You mean to tell me, everything you tried to convey to us was true and honest?

    That you kept us informed as best you could without sacrificing the negotiations that had to be private?

    That Paul Thompson is really the person I met in Lake Oswego, OR attending to his wife as any great person would do? That he really is a wonderful husband, father, and person? That he has abilities way beyond what any give him credit for?

    Yes, I have believed all this along the way.

    Thanks Don and Paul.

    1. Best I can manage ?
      On my honor, I will do my best
      To do my duty to God and my country and to obey the Scout Law;
      To help other people at all times;
      To keep myself physically strong, mentally awake and morally straight.

      Shaky at times on a few points but “my best” seemed to always got that covered.

      Certainly welcome, yours. 8

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