Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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.


OTCQX:GLDXF - Post by User

Gold X Mining Corp. > I like market anomalies like Sandspring...
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by orepasson Apr 11, 2018 2:46pm
131 Views
Post# 27868340

RE:I like market anomalies like Sandspring...

RE:I like market anomalies like Sandspring...A few more things:

ITH: NPV @ $1400 Gold: -$100M

SSP: NPV @ $1400 Gold: $691M

Note: both have extreme leverage to each $100 rise in the price of gold...

Right now ITH has 186M shares out (only +5M shares to Fully Diluted)...On that basis the mkt cap of $180M for ITH is basically equal to the maket valuation ascribed to the project by the market...Sandspring share price should be at least the same as ITH's... or 3X the current price?

orepass


<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities