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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

Comment by djstone56on Jun 24, 2022 10:12am
301 Views
Post# 34779986

RE:re share price drop

RE:re share price dropWith every passing day, this is starting to look more and more like a soap opera, or more precisely, like a kid's fairy tale. You know the one...Jack and the Beanstalk. Young Jack is asked to take the family cow to market to sell and gets stopped en route by a mysterious man. The man convinces Jack to trade the cow for a handful of magic beans and the real story begins. Our version is slightly different. For argument's sake, let's call it Greg and the "Bullstock" and in place of the family cow, Greg sets out to monetize the Cehegin property. Instead of a cash deal or a known commodity that would add to and not reduce our market cap, Greg is convinced to trade our "cow" for a handful, (ok, more than a handful) of magic Iron Bull beans, (IB stock). Not a great return so far, as the total market cap is now less than the deemed value of the Iron Bull stock that we're supposed to receive once IB can get listed, but all is not lost yet. Flip back to the original fairy tale and things eventually worked out well for Jack! Let's hope our story plays out the same way and has the same type of fairy tale ending...
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