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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 Oct 24, 2009 3:02pm
394 Views
Post# 16420650

RE:RE REVery Surprise

RE:RE REVery SurpriseYes the Hughes Group can be extremely frustrating most of the time.....But, like the old saying goes if we dont like it move on.....Private Placement gets under my skin also, but sometime its a necessary evil(no cash =no movement) plus management has got to be paid somehow(no one works for free).....In these hard times if they are able to get some funding, lets be happy,otherwise AGX would be sitting idle and not be able to purchase any of these prime property to be able to drill them(everything takes money).....They are hunting for GOLD not for Nickle like Loveland, in wich it would have a zero funding for.........The higher the price of Gold climbs the better the odds of being taken over by a Major with deep pockets......Then i will move on......And sometime when insiders sell they may have a reason(we are all human)......Im not here to defend the Hughes group, but just keeping an open mind and all of the facts. And it all boils down to the Prime land package they have here in Timmins.....we are waiting for more assay results soon.....And another thing AGX is not the only company that does P/P.....Hang tight!, we will get rewarded someday.
Bullboard Posts