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Gold X Mining Corp. GLDXF

Gold X Mining Corp. is a Canadian junior mining company developing the Toroparu Gold Project in Guyana, South America. Gold X has spent more than US$150 million on the Project to date to classify 7.35 million ounces of Measured and Indicated and 3.15 M-oz of Inferred Gold Resources, develop engineering studies for use in a feasibility study, and define a number of exploration targets around Toroparu on its 53,844 hectare (538 km2) 100% owned Upper Puruni Concession.


OTCQX:GLDXF - Post by User

Bullboard Posts
Post by thebeek02on Oct 20, 2010 11:33pm
358 Views
Post# 17591070

Colorado Cowboy (s)

Colorado Cowboy (s)Any ideas what the difference in cost to mine per ounce at GUY vs SSP might be? I bet  no more than $150.
With these gold prices SSP has still got Plenty of relative upside, especially at their rate of increasing reserves.
What's geologically interesting are the similarities between these deposits and those in Ghana/environs in NW Africa from pre plate tectonic geography.
Gold prospecting on that side of the Atlantic plate is as hot as can be on this  planet these days!
To imagine that this started out as a summer- placer turned open pit- project for a colorado (mining) cowboy and his teenage kid!
Bullboard Posts

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