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Bullboard - Stock Discussion Forum 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... see more

OTCQX:GLDXF - Post Discussion

Gold X Mining Corp. > new presentation Dec20 ..very interesting...
View:
Post by kkkrrr on Dec 24, 2020 3:22am

new presentation Dec20 ..very interesting...

https://goldxmining.com/wp-content/uploads/2020/12/GLDX_Presentation_Dec20.pdf

page 13+14 ....NW-Zone , a lot of holes , higher grade expected... could get huge
Comment by likeike on Dec 24, 2020 12:44pm
really interesting page 11 .....run up to 24 years. I will be dead before it is done if they ever get it up and running. First invested some 10 years ago and still waiting. I think I have been patient but what do I know. Ownership still 50% by GCM 20% 10% wheaton 20% insider. Will to have look again but only thing going is the road to nowhere if  they do not have serious plans next year ...more  
Comment by kkkrrr on Dec 25, 2020 11:48am
there is a timeline to production at page 20 or 21 ...   with new manegement this thing will move up ...    Nordgold gave up an Cardinal Resources 2 days ago.. maybe GLDX could be their next target...Nordgold has an operation in Guyana....
Comment by likeike on Dec 29, 2020 6:54pm
Decision on mining inside of 15 months...I can live with that but could we speed it up with new drivers?  I am not familiar with Norgold...what chances do you give for them becoming serious  contenders? How big is their operation in Guyana? IKE
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