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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 JBoukison Nov 09, 2021 4:55pm
228 Views
Post# 34106889

RE:7 million dollar company for a million oz plus ?????

RE:7 million dollar company for a million oz plus ?????Thanks for the historic overview Hislandos!  I cannot beleive how undervalued this is right now unless I'm missing something??!!  

I do know that some buyout offers may have been brought to the table (don't know any of the details). 

Bottom line is that the numbers don't lie in terms of the present economics.  Add in also that only 2 of the 8 zones have been explored/reviewed.  This is open on all sides! 

MEX sould be trading at much higher levels than what the "market" is pricing them at right now...   
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