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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

Comment by djstone56on Nov 15, 2022 12:00pm
185 Views
Post# 35100202

RE:RE:RE:RE:PASS or …………….FAIL

RE:RE:RE:RE:PASS or …………….FAILBGC, I agree. The build up to the date of record for the IB shares should lead to an increase in volume and price for RGX shares, as people try to load up to take advantage of the free distribution of IB shares. After the date of record, the RGX shareprice will rise or fall on management's ability to execute. If they can build the commercial plant and if it works as well and as effectively as we've been led to believe it will, the sky should be the limit. Having said that, I can't understand the willingness of people to sell their RGX shares at this price.either. Even if the IB shares are only worth between 0.56 and 0.60 as per the AAAJ Capital news, (and not the $1.00/share that they were deemed to be valued at when we agreed to the Cehegin sale), that's almost 0.03 that people are giving away for every RGX share sold today. In effect, the true value of the sale is only 0.01 for every RGX share sold...and 1 cent is a pretty cheap lottery ticket for a Company with blue sky potential.
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