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Bullboard - Stock Discussion Forum FenixOro Gold Corp FDVXF


Primary Symbol: C.FENX

FenixOro Gold Corp. is a Canada-based company focused on acquiring and exploring gold projects with exploration in the prolific gold producing regions of Colombia. The Company’s principal business activity is the exploration of mineral resources, in Colombia. Its flagship property, the Abriaqui Project, is located approximately 15 kilometers west of Continental Gold’s Buritica Project in... see more

CSE:FENX - Post Discussion

FenixOro Gold Corp > Big news from FenixOro Friday morning!
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Post by GUNSS on Mar 19, 2021 8:56am

Big news from FenixOro Friday morning!

$FENX FenixOro Gold Corp.WOW! This might be the most important corporate development ever for the Company! A conceptual exploration target of 1.6 to 2.4M ounces of gold on a portion of the property, perhaps a fairly small portion of the property (I don't want to overstate anything). As per the press release, the weighted-average grade of those prospective ~2M ounces COULD BE (no assurances, more drilling needed to confirm) ~7.5 g/t. That's a very good grade! In tracking gold resources across the globe, I'm monitoring 660 North American, gold-focused juniors. Less than 5% have average grades of > 6 g/t AND a minimum of 1M ounces. Very exciting news indeed.
Comment by Teakbois on May 04, 2021 5:39pm
Gunss......why do you think the price is not moving higher? I'm interested. I looked at the chart and it has been flirting with a support/resistance level at 30 cents since the begining of Mar. Sellers hit late in the day. I know that the estimated ounces is a bit of a stretch and people prefer drilling results. Nonetheless, the results they have are pretty decent.  Date ...more  
Comment by SStoktikk on May 26, 2021 2:59pm
Down to .15 today, they've lost control of this, good luck with any future drilling program.
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