OK REAL PLAIN… PLACER IS SEPARATE !!!WHICH MEANS NOT IN JV!

NOW

ENTIRE EXTENSIVE TIME DEALING IS FOR MOST OWNERSHIP AS MAJORITY OPERATOR WITH MINORITY CASH TO TAKE SOME SMALLER %. THAT’S WHAT A JV ALWAYS OFFERS BY THE OWNER OF THE CLAIMS

POOR OFFER?

YOU FIND ANOTHER which he’s been doing whilst  Louts  N  Flouts  bitch and  moan he  must take less. Clear?  He OWNS right  to take  some $2  billion in metals! He negotiates  right  to buy  a lesser  portion with  asked  $7 million  cash and  certain  details in  his  favor or  no go. Find  another with more need  for  oz in  ground which is  everyone I know of!  As POG and POS rise  dramatically  so must the  offer or  wasn’t  worth  much to start and  he knows it  was. NOT a  weak hand  but  our  simpletons  can’t  value pocket  aces  an a  3d  out on  flop… which is   people  asking  to buy on .

A common  MINOR detail included  is  ability to buy  back ownership portion of  a  JV.  51/49 provides  a  clear majority ownership but  the  Sr foregoes early  on  profits to reduce  the Jr  down AFTER cash flow  begins using  the  Jr cash buy  in  input.  Sure  not  sayng  that is  underway but any  decent legal minds  advising  have  to consider sliding  to 2/3 , 1/3 and  producing   profit  for  the  Jr shareholders with a clear  US tax  advantage.  Simple  minded  KEEP ignoring  this  is between 2   US or a  Canadian    corp with  a  Mexico property shared  as  a  JV.  Mexus  Gold  US remains  exactly  the  same 100% owned as  will whichever  signs the  deal.

Placer  has  always been a  separate  entity but  I understood back then  a separate placer  process could be outside  family  agreement.  Not  even spelled out in Mexus  buy  in  2011 as part of  Santa  Elena  Rancho  neither  Julio II or Martha  Elena . That  seemed to be taken out  with a new 25%  production  royalty and  a  4  times larger  run.  Few areas I’m aware have  such abundant nuggets  sized  metal  92 % purity with simplest  process of  all.  I  know  of  neither   Timmins  or   even Newmont right  next  door running  a placer process.

“The first target will be the quartz stockwork zone.”

If  quartz stockwork zone  were a  lake not a  desert?   A Gold   Grabber dredge  would  seem to be  perfect . 8