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Goldex Resources Corp V.GDX

Alternate Symbol(s):  GDXRF

Goldex Resources Corporation is a Canada-based junior resource company exploring and developing gold properties. The Company is engaged in the acquisition and exploration of gold exploration and evaluation assets. It owns 100% of the mineral title and rights to explore and extract minerals from a mineral property known as the El Pato Property in Guatemala. The El Pato Project is located in south-eastern Guatemala, five kilometers (kms) west of the town of Chiquimula and approximately 110 km east of Guatemala City. The Project consists of two mineral exploration licenses which cover an area of approximately 126 square kilometers. The Cerro Las Minas Property is located contiguous to the El Pato property in the eastern Department of Chiquimula, within the southeastern part of the Republic of Guatemala, Central America. Its wholly owned subsidiaries include Compania Minera El Condor S.A (Minera), Union de Oriente, Sociedad Anonima and El Pato Gt, S.A, (El Pato Gt).


TSXV:GDX - Post by User

Bullboard Posts
Post by PositionTradeon Jul 27, 2011 12:02pm
189 Views
Post# 18878503

A quick shake-out is possible. but I'd stay for LT

A quick shake-out is possible. but I'd stay for LTThe current Mkt atmosphere plus the delay for assay, plus the insider sale may cause a rapid shake-out. 

But I am going to bear the volatility pain, because I am conffident for its long term future, and I am not conffident if I can (or anybody else can? except insiders?) do a profitable and a very rapid trading without lose significant position if you do like the fundamental.  

No pain, no gain.
But pain is still pain. 

Bear it, if you can.
Run away, if you can't.

 
Bullboard Posts