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: Corex news is out!!!!!!

Corex has done more drilling...plus they no doubt are sitting on the Vale drilling results. I'm guessing FMG will be looking at a rollback to make the numbers work for a new player...maybe 3:1...but I am just guessing...hope I am wrong. This new group would certainly be interested in FMG because we have better surface grades by 2-3 times than CGE...which would be much more profitable to mine...plus we no doubt have the deep stuff as well..but that is unknown until we drill. However unless we get more than one player who is interested in us which I think is unlikely...we do not a lot of bargaining power. JMO. Maybe a merger between CGE and FMG would make more sense. Anyway you slice it ..we might as well put our shares in the piggy bank and wait 2 years..it will take a while for this to unfold, Again JMO

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