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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... see more

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Gold X Mining Corp. > I'm curious if anyone

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Post by DaMantis on Sep 12, 2018 11:24am

I'm curious if anyone

can explain the rational for picking up the Chicarron project?

I've mulled this over for a couple months and can't figure out why they wanted to bring such an early stage project this into SSP, which is basically a development company at this point?

Any wisdom/insight would be appreciated.
>DM

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Comment by Heywood_Silvers on Sep 12, 2018 8:12pm

Quid pro quo. Gran Colombia becomes the largest shareholder in SSP and now SSP takes a stake in one of Gran Colombia's projects. Not a fan of Colombia and will not invest in any operators out of Colombia, but the Chicarron project is obviously not SSP's bread and butter - that would be Toroparu.

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Gold X Mining Corp.