Regenx Tech Corp. C.RGX

Alternate Symbol(s): RGXTD

Metals & Mining Industrial Metals & Minerals

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.

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Regenx Tech Corp. > predictions

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Comment by BamBam101on Oct 29, 2022 10:35am

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Post# 35057643

RE:predictions

It is hard for me to believe that at one point I was closing in on owning a full 1% of the shares in this company... I made a boatload with the original agreement with Jabil. Sold out and then got back in heavy. I eeked out a small profit and almost exited entirely before this last rights offering. I participated agian as the first rights offering was the only way I recovered my losses after the disintigration of the ETI/MWX/Jabil relationship. Anything north of $0.04 CAD will put me in the green.
I definitely see us north of $0.15 CAD assuming we get some revenue. It would appear that platinum will be playing a big role in the coming hydrogen economy. If there is a platinum squeeze (as palladium squeezed x5), and assuming we are actually producing some platinum, I can see a 10x movement in price from today.

That statements has a lot of ifs, and buts. Though if ifs and buts were candies and nuts we would all have a Merry Christmas. The onus is definitely on management to deliver.

I guess there is also some Russia/Ukraine conflict risks in the platinum market as Russia is a major world supplier. I despise war and would never want this to play out. Again this only matters if we have platinum.

I am most excited by the presence of Rhodium in the catalytic convertors. I don't think it is there purposefully, and its presence is due to difficulty in refining PGMs. If we have a method for extraction this technology could be applied elsewhere in the refining world and could lead to additional revenue sources. Of course this could lead to higher stock price as well.

Lastly I am hopeful we will have a news release detailing the recovery of cerium oxides from the catalytic convertors as well. This is a rare earth and is a strategic metal for which we rely almost entirely on China.

I hope we get grinding soon. Even the stainless steel used for catalytic convertors is high in nickel and very valuable. It is about $1USD/pound last I checked. There is really tremendous value to be recovered we just have to get the Process grinding away.
DD101 BB101