Agoracom: Small Cap Investment - First Mexican Gold Corp. - Re: First Mexican to Issue a Financing

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: First Mexican to Issue a Financing - interesting part

in response to

First Mexican to Issue a Financing

Blackfly6

posted on Sep 01, 2011 05:23PM

<<< Proceeds from the private placement will fund the immediate continuation of the current drill program >>>

Jim must like what he sees, or why would he expand the drill program immediately ?

Small PP, now half warrants, but no broker fees.

I hope, the next PP is needed after quite a few positive drill results and much higher prices!