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Mexican Gold Corp. V.MEX

Alternate Symbol(s):  MEXGF | V.MEX.W

Mexican Gold Mining Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration and evaluation of resource properties in Mexico. The Company owns a 100% interest in the Las Minas and La Miqueta properties, collectively named the Las Minas Project, through its wholly owned subsidiary, Roca Verde Exploracion de Mexico, S.A. de C.V. (Roca Verde). The Las Minas project is located 16 kilometers (km) from a toll highway and rail corridor at Cruz Blanca junction, which by road is another 240 km east of Mexico City and 150 km west of the port city of Veracruz. The Las Minas project has two gold-copper deposits in advanced-stage exploration, and multiple exploration targets. The project comprises six mineral concessions located in the Las Minas district in the state of Veracruz, Mexico, consisting of the Pepe, Pepe Tres, San Jose, Pueblo Nuevo, La Luz I and San Valentin mineral concessions.


TSXV:MEX - Post by User

Post by hisandloson Dec 15, 2021 9:29am
355 Views
Post# 34232219

land issue overhang goes Mexicans way in ruling

land issue overhang goes Mexicans way in ruling https://stockhouse.com/news/press-releases/2021/12/15/mexican-gold-announces-favourable-resolution-of-claims-dispute

As per the news release the one issue that was an overhang on Mexican  has been ruled on and 

the judgement goes in favor of Mexican.   This opens the door wide open for them to expand and

drill more.   The one million oz already sitting there is nothing if one goes back to the historical

data that exists.   This by the time its over will be a multi million oz find which will be economical

and anyone who buys up these warrants and shares at these prices which are way to ridiculous to

even contemplate how a company like this has a valuation of $5 million dollars.   A million oz 

plus the massive potential  for $5 million dollars.   Just think about it for a second.   In this

business the precious metals sector is all about valuation.   I have been on other boards especially

some of the Newfoundland plays and I pointed out you had companies who had not drilled one 

hole going for ridiculous amounts.   This one ...  Mexican  ... is the other extreme.  Tax loss selling 

has had an impact,   the long long correction in the sector has had an impact,   the fact that the 

sector in general has little money flow into it and that my friends is a delibarate act by the powers

that be  ...  while they accumulate from the weak hands.   But all this is coming to an end  ...  so 

many long term charts are pointing to that we are here  ...  the point of blast off.  It will just rocket

up in one day  ..   and wont look back.   
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