Hi,

For those Michel Roy fans out there (myself included), I'm always doing research trying to find stocks that are at their year low's but who are currently drilling high grade gold projects in safe jurisdictions that have strong management. I came across a company that Michel Roy is involved with called First Mexican Gold. They just came public in January 2011 and have a little over 33 million shares outstanding. The share price was as high as $.60 earlier in the year and now trades at it's year low of around $.23 for a market cap of only $6 million. They are currently drilling in 3 areas of their Guadalupe project in Sonora, Mexico and already have come up with some nice high grade gold/silver over significant widths near surface such as:

33 meters (starting right at surface) of 4.27 g/t gold, 394 g/t silver and 1.24% copper

I don't own any shares and this in no way is a recommendation to buy any shares but I am currently doing more research on them. For those interested, their presentation is at:

http://www.fmgoldcorp.com/images/FMG-Corporate-Presentation.pdf

They are traded in Canada with the symbol FMG and in the states with the symbol FMGXF.

Still holding my ECU shares from several years back as they are and will continue to be a core holding after the merger.

stateside