First Mexican Gold Corp.

NEW: now 100% interest in the Guadalupe Property in Sonora, Mexico (Jan. 2012) / Best intercept: 37.8 metres of 6.51 g/t Au, 678 g/t Ag

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Message: Re: Views on PP ?
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Jun 23, 2011 04:53PM

It is a steal at 24 cents.....the good news it is only 2 million shares. It will probably allow us to drill 12-15 holes (just my guess) out of the 25 targeted as per NR. What I do like is if we get a second drill rig going between the two we could probably drill these holes in 60 days (again my estimate). Some of them will be bluesky holes some will be "infill"...but we should gain alot of info...and if SJ geo is on target with their info..and we hit on 6-7 holes ..the next financing will be done at a much higher level. Those getting in at 24 cents are very fortunate

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