After issuing 4.000.000 shares for the remaining 20% in the Guadelupe Property, FMG now has 56.608.169 shares issued on a fully diluted basis.

With our actual share price of $ 0.14, that would amount to an "unbelievable" market cap of $ 7.9M.

And that´s for a company with now 9 high priority target zones on it´s over 15.000 ha land package and the following very impressive drill results from just two of these nine zones:

Karen zone drill highlights to date: all near surface intercepts, see news release April 28, 2011.

--  DDH #1, 5.8 metres of 3.67 g/t Au, 753 g/t Ag 
--  DDH #2, 15.2 metres of 2.58 g/t Au, 47 g/t Ag 
--  DDH #3, 37.8 metres of 6.51 g/t Au, 678 g/t Ag 
--  RC hole #2: 2 metres of 1.48 g/t Au & 1330 g/t Ag 
--  RC hole #3: 18 metres of 6.52 g/t Au & 61 g/t Ag 
--  HDH 11-04, 15.2 metres of 1.57 g/t Au, 335 g/t Ag, 0.18% Cu 
--  HDH 11-05, 33.4 metres of 4.27 g/t Au, 395 g/t Ag, 1.24% Cu 
--  HDH 11-06, 21.6 metres of 4.90 g/t Au, 104 g/t Ag, 0.73% Cu

Diana zone drill highlights to date: all near surface intercepts, see news release March 10, 2011.

--  HDH 11-09, 15.7 metres of .77 g/t Au, 105 g/t Ag 
--  HDH 11-10, 39.0 metres of .40 g/t Au, 135 g/t Ag 
--  HDH 11-11 49.5 metres of .42 g/t Au, 86 g/t Ag, including 13.3 metres
    of .75 g/t Au, 195 g/t Ag

That´s what I call undervalued ! 

FANTOMAS