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Mexican Gold Mining Corp V.MEX

Alternate Symbol(s):  MEXGF

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

Comment by hisandloson Feb 03, 2021 3:18pm
226 Views
Post# 32461015

RE:RE:PEA scheduled to be completed in 2nd Quarter of 2021?

RE:RE:PEA scheduled to be completed in 2nd Quarter of 2021? The PEA  will be extremely important and will impact the price of the stock no question about it.

However before that expect that towards the end of February when they announce the quarter

results ending December 31, 2020,  that they will probably announce a new resource estimate

based on the drilling results  ...  and we know that the resource estimate will be significantly 

higher.  I would think that we should get price appreciation on the stock  based on a re evaluation

of the company.   I think going forward Pallisades will also market this company more 

agressively.  Any way you slice it this company is EXTREMELY UNDERVALUED.
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