Mexican Gold Ready to Go

A PEA is expected in the next week or so. Palisades exercised 4 million warrants out of the money. If you did this transaction yourself, you would have paid 18 cents per share for shares trading at 11.5 cents yesterday. They didn't buy their warrants, but it's a notable move. The chart is also screaming for an eventual breakout. I have a big position in the warrants. I should point out I'm not terribly sold on the fundamentals yet, thought the PEA could change that. Rather, I like the chart and that there are tradable warrants. Warrants expire in July 2024.

Previous post on MEX here.

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