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Gold X Mining Corp. GLDXF

Gold X Mining Corp. is a Canadian junior mining company developing the Toroparu Gold Project in Guyana, South America. Gold X has spent more than US$150 million on the Project to date to classify 7.35 million ounces of Measured and Indicated and 3.15 M-oz of Inferred Gold Resources, develop engineering studies for use in a feasibility study, and define a number of exploration targets around Toroparu on its 53,844 hectare (538 km2) 100% owned Upper Puruni Concession.


OTCQX:GLDXF - Post by User

Bullboard Posts
Post by FlipIT2wice-on Sep 23, 2012 7:32pm
414 Views
Post# 20405059

GUY Performance - Relative to SSP...Big Spread

GUY Performance - Relative to SSP...Big Spread

GUY has seen its SP dip to $1.70 earlier this Year after their $31 Million Financing was completed. The SP has currently rallied over $190 Million Dollars to its current Value which is roughly 16% above that offering Price.

 

SPP on the other Hand has witnessed its SP considerably since its $25 Million Dollars Bought Deal Financing was done @ $1.08. Since then the SP has rallied a mere $9 Million Dollars...42% below its recent offering Price.

 

Too Much of Divergence in Price for 2 Companies with Huge Deposits in the Same Geaographical Area.

GUY has enjoyed 21x more Market Cap Valuation Run over SSP in the Same TIme Frame. SSP IMO has plenty of Catching Up to Do.....As a retail investor it is my Jog to spot these Divergences and Capitalize on the Opportunity the Market At Times Provvides. SPP is a Real Co with a Huge  NI-43-101 Gold Resource that is Not being Accurately reflected in its Share Price. Glaring Discount that cannot last much longer in this current Market Situation. 

 

Chart forGuyana Goldfields Inc. (GUY.TO)

 

 

 

 

Bullboard Posts