Mexican Gold Corp. MEXGF

setting up to run hard upwards

[hisandlos]

This stock has been coiling for awhile.   Weekly charts are pointing to a hard run upwards.

I expect it to go through the .17 cent mark and once it does that there is no stopping it.

One of the most undervalued precious metal stocks right now which is setting to leave the

launch pad at any moment.    Once in a generation kind of buying opportunity in my opinion.

[99942Apophis]

Hi hisandlos I was very impressed in seeing a fellow chartist in the other stock that I checked out other boards you're into and liked (MEX) so much I picked up some today. How is this stock trading so low all the ratios are great perhaps too many penny flippers here not realizing that is what can stop or really impede a stocks growth!  Everything in  the stock chart suggest a solid

[wilwal]

From a fundamental perspective, this is far undervalued.  If the upcoming resource report comes out at over 1 million oz, then at $100/oz (very low valuation), market cap here should be worth $100 million at least. It will make a nice profitable little mine at 100k oz/yr gold equivalent for 10 years with opportunity to expand the resource.  Low capex, low opex apparently. Mackie has

[Sharegar777]

Wilwal,      That is exactly why I am invested. Once we drill the other known areas, we could have multiples of our current resource (3 million Oz or more is a realistic target?). Like other companies you will then find more areas and probably as they near production decisions they would also test at depth and it is often the case that there are better grades the further down you

[99942Apophis]

Well said Sharegar777 in my observation and my opinion in this undervalued stock as I've seen also in other stocks is Hedge Fund shorting coupled with penny flippers that impede share price growth. Currently Canadian Securities are moving forward to updating rules to more protect shareholders against unfair and in some cases predatory actions by shorting,  when updated it "could