Gold X Mining Corp. GLDXF

Metals & Mining Industrial Metals & Minerals

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.

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Gold X Mining Corp.

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Comment by mjl777on Aug 04, 2015 5:31pm

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Post# 23988618

RE:RE:Takeover Disguised as an Acquisition

Please explain what you mean by capitulation? The other gold juniors in my portfolio haven't tanked to this extent over the last week or so. Seems more likely that the market is rendering an opinion on the proposed takeover...oh, I mean....."acquisition". It doesn't seem plausible that Sandspring had to swallow such huge dilution for such a small injection of capital. Did anyone receive an explanation from management?

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