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: Price of gold....
Off the lows of 1190 now up to 1225... Over past few days. A lot of negative press about gold going lower.In my opinion that could change in a minute...if Euro is in trouble then what about their debt problems that could be back on the table in a heart beat. The world is in turmoil...it wouldn't take much of a crisis to spark a gold run.Anyways that is just my opinion. Secondly COREX..just closed a pp for 600,000$ at 8 cents. No doubt they have spent millions on drilling but their results are not one half the grades that so far we have found on Karen and Diana...plus ours are at surface....CGE are significantly deeper. I know Jim is working hard to find a partner someone out there is going to wake up. The opportunity is huge. As a long term investor I remain optimistic.
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