Re: Market Cap

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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mattusvi

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Re: Market Cap

in response to

Market Cap

FANTOMAS

posted on Sep 12, 2011 06:30PM

Fantomas:

Your calculation is referring to the fully diluted number of shares. This includes warrants, options and the 6 million shares that the original shareholders can buy subject to certain conditions being met. FMG may be taken out before all 6 million shares are issued.

The issued and outstanding shares is much less than your 50 million.

Matt

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