Mexican Mining

[McBeanburger]

ORM

The scuttlebutt that I am hearing is that the recent drilling had doubled the silver resource from 23 million to 46 million. They are hitting some fantastic intercepts like 5000g (151 oz) silver with 4g gold.


Let’s do some math:


Shares fully diluted * Current price = Current MC.
24,172,928 * 1.25 = 30,216,160


New resource value * Silver price * Nominal value in the ground resource = Approximate Market Value
46,000,000 * 8.00 * 25% = 92000000

I welcome peoples opinion that I have done my homework right.

McB