First Mexican Gold Corp.

First Mexican Gold Corp. Up to 80% interest in Hilda gold property. Land package in Sonora, Mexico, increased ten-fold to 15.112 hectares (Feb. 2011)
cge
about 8 years ago
1

In the latest disclosure Morgan owns ~18 million shares. What associate companies or individuals might own either under 10% or domiciled in a region that chooses not to report no one knows. ( as is the case with any stock)

I think the "Ownership" split was a miss communication as CGE has retained 100% ownership of the property, however what is the % split of the after tax profit of the operation ? They could own the property 100% but be getting 20% of the after tax profit. (Or Less)

I don't follow this company close enough to know the answer to this, but it's an interesting question.

Will be interesting to see how it compares to the deal FMG eventually strikes.

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peterot
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Treasurer
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Date Joined
09/12/2012
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First Mexican Gold Corp.
Symbol
FMG
Exchange
TSX-V
Shares
58.2M I/O, Dec.23/2013
Industry
Metals & Minerals
Website
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