Goldsource Mines Inc V.GXS

RGD

[stockpunter]

Take a look at RGD website and stock info. Gold exploration in Guyana. Market cap near half a billion.
They have defined more gold in situ, but it is not clear that RGD will be more successful at mining gold than GXS.

[E30S14]

What is Reunion Gold doing differently? Perhaps the folks running the show at Goldsource Mines need to start comparing notes with the folks running the show at Reunion. GXS is now trading at 3 pennies pre-consolidation. How much more misery do long suffering shareholders have to endure?

[E30S14]

Two hours into the trading day, RDG currently in the green on decent trading volume $0.525 0.025 |  5.00% Bid:  0.520 x 5,000 Ask:  0.530 x 29,000 Volume: 143,400 CAD  |  TSXV  |  DELAYED  |   |  JULY 25, 2023 10:40:00 AM EDT Meanwhile, the POS known as

[stockpunter]

check my numbers, please: RGD has about 4 million oz at Oko West and a market cap of 571 million$.  So, $142.75/oz GXS has 1.76 million oz at Eagle Mt and market cap of 17 million.  So, $9.70/oz So, RGD is valued at about 15X GXS on a per oz basis? (RGD has other early stage projects) Could be many reasons for this but basically Mr Market accepts that the probability of RGD actually

[E30S14]

Jesus Christ, this stock is an absolute PODS. GXS has been a curse, remains a curse, and is one of the worst performing junior mining stocks around. Meanwhile, management makes over $200k annually as share price destruction continues unabated under their watch. Absolutely disgusting.  I wonder if Fred Cooper still owns shares of this piece of dog s_ _ t. GXS currently trading at 0.28 or 2

[stockpunter]

you are right.  cursed.  $6.28/oz now.  

[austrochris]

The valuation of 6 Dollar / ounce says not all ! GXS is sitting on a very economic asset ! The SP is just crazy ! And ptrobably a 5 Million ounce asset , or even more !

[stockpunter]

here is some reading https://www.cipherresearch.com/reports/150601_The-Real-Value-of-Gold-in-the-Ground.pdf 5 million?  don't confuse what you want with what you know.