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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.


CSE:RGX - Post by User

Regenx Tech Corp. > 800,000 shs on the ask
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Comment by BrandNewGuy2on Jun 21, 2024 1:37pm
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Post# 36100355

RE:RE:RE:800,000 shs on the ask

RE:RE:RE:800,000 shs on the askTwo issues with this analysis:

1. The original investment is a sunk cost it is historical.  My comment related to the rights offering in which case for the original shares, the costs of excersising those rights was only .75 cents.

2. Redu this scenario for a share price of 3 cents per share incorporating the comments from #1 above and you will see what I mean.
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