Agoracom: Small Cap Investment - First Mexican Gold Corp. - Re: C´mon Jim ! - averaging down

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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FANTOMAS

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Re: C´mon Jim ! - averaging down - paschi

in response to

Re: C´mon Jim !

paschiliko

posted on Jul 28, 2011 05:13PM

<<< A couple of weeks ago you have written that you averaged down to sub .30 CAD.

Yesterday you said that you got an average of .40 CAD.

No hard feelings. but how does it work?:-) >>>

Paschi, it works like this :

Quote (May, 11) : <<< Averaged down the third time sub $ 0.30 now, hoping for a good rebound after the next set of results. >>>

I didn´t write <<< TO sub $ 0.30 now >>> , I said that I bought three times sub $ 0.30 to average down ! That is something completely different, isn´t it ?

But I have to correct myself with the $ 0.28 lowest buying price so far, it was actually $ 0.27 !