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Bullboard - Stock Discussion Forum Mexican Gold Corp. V.MEX

Alternate Symbol(s):  MEXGF | V.MEX.W

Mexican Gold Mining Corp is a Canada-based mineral exploration company. Principally, it is engaged in the business of exploration of mineral properties in Mexico. The company holds an interest in Las Minas gold, silver, and copper exploration project.

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Mexican Gold Corp. > $5 million dollar market cap for 1 million oz
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$5 million dollar market cap for 1 million oz

hisandlos (88) | March 02, 2022 12:42 pm

It seems like this very long correction is coming to an end with the precious metals indexes

breaking out.   There also seems to be some capitulation volume on some of the stocks where

we are seeing volume coming in although a stock like Mexican when you look at the volume

traded versus its float tells you that this is sooooo tightly held.  The people that have managed

to accumulate here will be very handsomely rewarded in my opinion.   One million oz of gold

in Mexico with a land package which if you look at the historical articles especially the one in 

the Northern Miner will tell you that this land has a lot more than a million oz  .....   and right now

all this at a market cap of 5 million dollars  ...  it is practically trading like a shell company.   The 

seniors have picked up steam so  shortly that money will make its way down to the juniors.

With the gold price screaming it is about to go much higher  what is a company like Mexican

really worth  ....  certainly not $5 million.    The chart says that the 30 and 90 day averages

are converging and we should be very close to a break to the upside which should be rather

breathtaking.   Buy low  ...  sell high.    

C : MEX - MEXICAN GOLD MINING CORP - Technical  3 mo  6 mo  1 yr  2 yr  3 yr  5 yr  10 yr  15 yr  20 yr

Simple Moving Avg (30) ——Simple Moving Avg (90) —— 

RE:$5 million dollar market cap for 1 million oz

JBoukis (1) | March 03, 2022 11:47 am

Agree on the valuations; however, seems little to no interest in this right now.  Gold prices have moved and MEX has not.  CFO resigned as well (typically not a positive sign).  GLTA 

RE:RE:$5 million dollar market cap for 1 million oz

hisandlos (88) | March 08, 2022 01:04 pm

The senior producers were first off the mark,  mid tier producers,  junior producers,  about to 

become producers,  advanced explorers,  down to the junior explorers and then the 

explorers themselves are subdivided according to how advanced and quality and geopolitics etc. 

So the pecking order goes and Mexican will soon go kaboom.   Collin Kettle/Pallisades is no 

fool.   He was not going to market Mexican who had done their PEA,  with wonderful 

economics in an environment such as the last year when the correction was happening.

He was going to wait until confirmation that the correction is over and done and that has just

occurred   ...   this is only the beginning.

Anything available here  ...  and I would suggest the warrants  MEX.WT  which provide even

better leverage than the stock  ...  but the stock also  MEX.V  which is trading at a price 

which in many high end cities won't buy you an apartment.    For a million oz of gold and 

a lot more in the ground with a very favorable PEA which anyone can go and read.   Anyone

wanting more insight should also read the article in the Northern Miner regarding Mexican.

Expect lots of promotion from Collin/Pallisades in my opinion.   He has amassed quite a 

wonderful portfolio of properties including New Found Gold   and  Mexican was in that 

portfolio very early on when he had his choice of properties.   What does that tell you ?