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: Interesting

Just a shares for debt transaction at a good premium to market. After the agm and his other shares for debt transaction is approved he will own around 8 million shares in the company (so serious skin in the game) and another 2-3 million options.

My understanding is Jim is not a wealth guy so this is a big committment. He aint poor either.

I really want to know who the next partner is. They want to fast track Karen to production by next year which is pretty exciting especially with the right partner on board. Mining in a year with a heap leach set up has been done a many times in Mexico but we need the $.

Share
New Message
Please login to post a reply