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Silver X Mining Corp V.AGX

Alternate Symbol(s):  AGXPF

Silver X Mining Corp. is a Canada-based silver developer and producer. The Company owns the 20,000-hectare Nueva Recuperada Silver District in Central Peru and produces silver, gold, lead and zinc from its Tangana Project. The project includes the Tangana mining unit (Tangana), a precious- and base-metal operation that is in the northern portion of the project comprised of 100-plus veins spanning an area of more than 6,500 hectares, and the Plata (formerly referred to as Esperanza) advanced Project, a grouping of historic silver-polymetallic veins, with significant exploration upside in the southern portion of the project comprised of 200-plus veins often with intense anatomizing, spanning an area of more than 7,000 hectares. The Company holds interest in a 1400-hectare concession known as the Las Antas Property, which is located within the Oligocene-Pliocene gold-silver Belt of Southern Peru. The Company also has an option agreement to acquire the Lily 19 claims in Peru.


TSXV:AGX - Post by User

Bullboard Posts
Post by laroplexon Mar 20, 2009 3:48pm
317 Views
Post# 15859543

RE:Drilling

RE:DrillingWe are very aware of the O/Shares AGX has, but in this economy its their only option for now to gain some financing(different tactics for different companies), heck when time becomes good again in a couple of years they may even do a stock split (not a R/S).........Hwy17 when you bought at .30 s/p, i really dont think AGX tanked because our friend(RODBUSTER) had that magic crystal ball and knew it was coming. Every single play in my portfolio tanked the same at that particular time.......We all invested in Hughes Group in the first place because they are real people trying to find that MOTHERLOAD for us and themselves as well(Richard Hughes purchased on the open market)......I also bought in the high .20s/p when i first  jumped in, as the economy tanked i took advantage of loading up, as well as decreasing my cost averaging(like killing two birds with one stone so to speak).......As Warren Buffet said, be GREEDY when others are FEARFUL............I strongly believe Good News will be coming soon, weve got to excercice patience......I havent sold  anything either yet , and im willing to wait until we see $1.50 to $2.00 s/p(could be as long as 2-3 more years), and the beauty is that most of my porfolio with the Hughes Group will grow by the same percentage in a couple of years.
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