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Regenx Tech Corp. C.RGX

Alternate Symbol(s):  RGXTD

Regenx Tech Corp. is a Canada-based company, which is engaged in development and commercialization of its environmentally friendly processing technologies for the recovery of precious metals. It has two operating segments, exploration, and development of mineral properties in Spain and mineral extraction through use of its equipment in North America. It is focused on the extraction of platinum and palladium from diesel catalytic converters. It provides an alternative from environmentally harsh smelters to modern technology to recover the precious metals. Its industries using catalytic converters include generators, industrial, automotive, light trucks, commercial vehicles, and heavy equipment. The Company’s subsidiaries include SME Resources Ltd., Mineworx Technologies Inc., Regenx USA Inc., and MWX Espana, S.A.U.


CSE:RGX - Post by User

Bullboard Posts
Post by Flowgoon Jan 09, 2018 1:28am
172 Views
Post# 27310863

4 Oz/T

4 Oz/TFrom the October 11 corporate update:

“Lower grade” is really a misnomer, since the anticipated average yields will be approximately 4oz. of gold per tonne of feedstock, which is unheard of in traditional mining. Initial plans are for two such facilities, one in Vancouver and the other in the U.S. With a guaranteed feedstock supply already contracted, this becomes a robust and very scalable business opportunity.”

If these grades, which I assume have been fully tested in the pilot with Jabil, can be attained, this company and partners is going to fly. There will be royalty structures to be determined, and revenue sharing, but if this works how it seems, there is going to be a nice stream of revenue coming for MWX. 
Bullboard Posts