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

Free
Message: cge

In the latest disclosure Morgan owns ~18 million shares. What associate companies or individuals might own either under 10% or domiciled in a region that chooses not to report no one knows. ( as is the case with any stock)

I think the "Ownership" split was a miss communication as CGE has retained 100% ownership of the property, however what is the % split of the after tax profit of the operation ? They could own the property 100% but be getting 20% of the after tax profit. (Or Less)

I don't follow this company close enough to know the answer to this, but it's an interesting question.

Will be interesting to see how it compares to the deal FMG eventually strikes.

3
Sep 04, 2016 03:10PM
2
Sep 05, 2016 11:31AM
1
Sep 05, 2016 04:46PM
1
Sep 06, 2016 03:52PM
Share
New Message
Please login to post a reply