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: All the Miners

took a BIG hit today and even the US sttock market took a BIG correction after the big speach yesterday with a forward move on the market but it did not last long.

Gold also has had a correction but I think that Gold needed that after it run up.

Well F.M.G. was one of the very few Green stocks today with a buying in the ask of 240,000. Long time since we have been at three cents.

Most of the buying was the end of the day(last 20 minutes) but after the .025 were taken out the last buy was split .025/.03.

Any more buying tomorrow will have to be in the .03 but only 133,000 in the ask as it sits now after hours.

There has been a good amount of buying recently; I am hoping this is the last we see of the 2's! Nut who knows. it only takes one seller to change the coarse.....or one big Buyer to higher:-))

Cheers

West Coast Guy

 

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