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: Re: Consistant Jim
3
Jun 29, 2012 10:28AM

OK JMH... I am just as unhappy with the share prices of a BUNCH of stocks right now but to slam First Mexican because it hit 5.5 cents, with a sale of only 1000 shares...

Like I said, I don't like it, but please keep it in perspective for everyone... If the trade amount had been for 100,000 or more, I would certainly sit up and take notice. With 1000 shares sold at that level, well, I'm thinking someone is just trying to bring the share price down so they can either buy a bunch at that price or needed money for beer this weekend... Let's see, $55 minus $9.99 (if you have enough money in your trading account) equals $45. In Manitoba, that would buy you a 24 of beer and have enough money left over to buy a bag of chips :-) Not earth-shattering, if you ask me.

It's gonna stink for a while. What is needed is some extremely "well placed holes" drilled to garner some serious interest in this company. Find an ore vein and get that drill bit in it, and pray it's 25 meters long or more... All it would take is 2 holes like that with great grades and spaced about 100 meters apart... Yeah, I know, I'm just dreaming :-)

Have a Happy Canada Day, one and all...

Herb

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Jun 29, 2012 01:44PM
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