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Regenx Tech Corp. V.MWX


Primary Symbol: C.RGX Alternate Symbol(s):  RGXTF

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

Post by bailey2on Jun 22, 2022 5:22pm
308 Views
Post# 34775360

Valuation

ValuationPlease feel free to jump all over my calculations At 5.5 cents per share the market cap is just under 20 million. If the IB deal goes through, one of the criterium was the reduction in market cap of Mineworx at the same value, as the deal, therefore our actual valuation if the deal went through today would be somewhere around MINUS 5.5 cents per share..... Indeed painful. Wondering if PC ventures is trying to steal our company out from under us? Something is not right....And for anyone to think that they are going to get 1 dollar per share of IB, it is a pipe deam....Perhaps on paper for 1 second..Time for perhaps our management to step up, and even support the share price, with a few buys? Maybe they all left to play golf on the LIV tour? I am pretty sure Rancher did.......glta

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