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Bullboard - Stock Discussion Forum
Regenx Tech Corp.
RGXTD
Primary Symbol:
C.RGX
Metals & Mining
Industrial Metals & Minerals
Regenx Tech Corp. is a Canada-based company, which is engaged in development and commercialization of its environmentally friendly processing technologies for the recovery of precious metals. It has two operating segments, exploration, and development of mineral properties in Spain and mineral extraction through use of its equipment in North America. It is focused on the extraction of platinum...
and palladium from diesel catalytic converters. It provides an alternative from environmentally harsh smelters to modern technology to recover the precious metals. Its industries using catalytic converters include generators, industrial, automotive, light trucks, commercial vehicles, and heavy equipment. The Company’s subsidiaries include SME Resources Ltd., Mineworx Technologies Inc., Regenx USA Inc., and MWX Espana, S.A.U.
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Company Website
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Bullboard (CSE:RGX)
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(2107)
•••
lscfa
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Comment by
lscfa
on Mar 30, 2024 2:08pm
RE:107,000 oz /yr…really?
Only US$7M to build 4 modules. With 1 down, the remaining 3 will cost just US$5M. I assume co. needs some operating history for mod 1 before it can seek govt. grants or bank loans.
(35)
•••
triken
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Comment by
triken
on Mar 30, 2024 1:37pm
RE:RE:RE:Was it all a lie?
If following can be achieved shareholders may yet get out of this at a breakeven or slightly better by end of year. 1. PPM at midpoint of low-medium grade 600-800. 2. Fully functional
...more
(2107)
•••
lscfa
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Comment by
lscfa
on Mar 30, 2024 1:21pm
RE:RE:Re
Clarification from Greg... historically there were only small opportunities to commercially recycle the diesel (SiC) converters. The front line metal scrappers didn't have any
...more
(2107)
•••
lscfa
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Comment by
lscfa
on Mar 30, 2024 12:02pm
RE:RE:Was it all a lie?
My guess... Qtr ending Revenue Plant expense Plant ebitda 55% ebitda to RGX
...more
(120)
•••
AlfTanner
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Comment by
AlfTanner
on Mar 29, 2024 8:02pm
RE:RE:Was it all a lie?
"Co. said module 1 will be cash flow postive by July 01" Nothing this company has claimed has come true. Why would this claim be any different? And even if the operation of the
...more
(2107)
•••
lscfa
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Comment by
lscfa
on Mar 29, 2024 4:59pm
RE:Was it all a lie?
Co. said module 1 will be cash flow postive by July 01. This is consistent with rights proceeds as only $2.3M is needed to sustain co. when corp. expenses are $3M-$4M/yr. The profit margins that
...more
(120)
•••
AlfTanner
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Post by
AlfTanner
on Mar 29, 2024 3:49pm
Was it all a lie?
Was everything management promised a lie? Not really; it was "forward looking statements", so it was not technically a lie. Either way, module 1 is never going to produce much
...more
(2107)
•••
lscfa
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Post by
lscfa
on Mar 29, 2024 11:49am
107,000 oz /yr…really?
This document dated December 2023 must have been used to sucker in the those that participated in the Dec equity issue and the Jan debenture issue. https://assets-global.website-files.com
...more
(108)
•••
bailey2
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Comment by
bailey2
on Mar 29, 2024 6:17am
RE:In perspective
Your right, presently this is a 1 or 1.5 cent stock. It wouldn't be this price if they did not announce a RO. The price sells off down to the RO value, counting the consolidation. If you look at
...more
(197)
•••
Therancher
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Comment by
Therancher
on Mar 28, 2024 7:51pm
RE:RE:RE:RE:Existing Shareholders
And ok then Nutty Fan................your right about one thing........this board is driving us all to drink!!! I brought BATMAN to these guys 2.5 years ago and he was way too smart for Greg and Don
...more
(13)
•••
corazon1
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Post by
corazon1
on Mar 28, 2024 6:24pm
In perspective
This is now a 1 cent stock We can only lose 1 cent more. Some would say ya but it's going to be huge someday but the market says 1 cent. Unless some significant verifiable news
...more
(15)
•••
Chrysteria
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Comment by
Chrysteria
on Mar 28, 2024 5:19pm
RE:RE:RE:Existing Shareholders
Nailed it BGC, we have been burned by these clowns one too many times now and all I see is that we have a ETI number 2 on our hands. The fact that the liar Pendura would even suggest this just
...more
(27)
•••
BigGrayCat
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Comment by
BigGrayCat
on Mar 28, 2024 4:51pm
RE:RE:Existing Shareholders
Totally disagree with Burcon. There are 2 distinct phases. First is issuance of Rights with each right convertible to 1 share of stock at the published price of $0.0075. If fully subscribed, it will
...more
(197)
•••
Therancher
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Comment by
Therancher
on Mar 28, 2024 4:14pm
RE:RE:Existing Shareholders
Hey bud.................I have 7,000,000 shares!! You gonna lend me $55,000 to keep all 7M of them???? All we need is money and.............read the board and listen, a 3 rd RO is not acceptable to
...more
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