10Q

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Meat  of doc.  is  just as  told   same  day Aug 19.

“Therefore, our goal for the current year is to increase the cash flow of the placer mining operation, continue the drilling program which begun during 2011, initialize mining operations on the Julio quartz deposit while we conduct a thorough geological study by an independent geological firm of the future potential of other vein deposits located near the Julio deposit.”

Placer moved now   small  $ but  75%  ours.   Quick core  drilling  using  own  drills  begins  to  fence planned  pit not  too deep  12,500′ per  drill  to touch mineralization and  define  sub contours.  Serious  stuff going  down? Find  depth  as  well but  not below  say 600′ pit  operation level  limits. Can be  taken  down to full mineral extent  from pit level reached;   followed  by  serious 300′  R/C  to define  grades in 100 holes .  Partner with  seeming AZ met junior  in JV  to develop quartz vein  mining AFTER Julio shaft   is  working  with same JV.  8

 

2 thoughts on “10Q”

  1. Eight,

    Hope you don’t mind me adding this from the RB board, poster there received this e mail from Paul Dent:

    “This by email from Paul Dent.

    I’ve received numerous emails over the last week looking for an update. You should see something official this week. Here’s what I can tell you

    1) The core drill can do 20 to 40 ft a day depending on material

    2) Placer- details to follow this week; Please keep in mind that large miners have very little interest in the placer. Not enough oz. per day to even discuss

    3) Things are heating up big time with regards to a partner; Details to follow

    A prolonged labor here for sure but perhaps our birth is right around the corner? I’m in this just like you and am trying my best to keep the details flowing as best as possible.

    Paul Dent
    MexusGoldUS Advisor”

    1. Dent and I are same page just as with PT last near 5 years now. Prolly a post by Dent to a few us and KC who I gave up on. Always seems half in with a toe in againers camp. Let’s them ramble lying nonsense like PT was MAKING T shirts as Action Fashions 5 years BEFORE Mexus bought & got the share issue Oct ’09 he and I started working as a miner instead. Some weirder ghoul says PT’s WA MISTRESS got it involved as cable fortune maker. First investor there was Dorly and she don’t know the dumbo for shit! But likes PT just fine long as he is movin on with her self employ retirement act. I invested in need of cash out age 70. Mexus hits even $2? Her .03 centers worth $16.6 mil!. Prolly get herself a younger but much uglier guy to cruise with. 8

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