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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
Comment by jvtayon Aug 24, 2011 2:47pm
376 Views
Post# 18975739

RE: This stock is crazy undervalued

RE: This stock is crazy undervalued...and what a ridiculously large takedown for such small volume in a >100M share stock!!  I'm expecting buyers to come in any time now...but where are they?  Picked up more this AM, but could have had a lot better price had I waited.  Just never expected we'd bang below $2 as close as we are to very good things happening.   I guess when one has the money, position, connections, and power to do these things, as those massively pushing down the PM miners' shareprices, esp juniors, anything can become easy.   But I fully agree...majorly oversold/undervalued here...and my gut says it has NOTHING to do with valuation, but simply with those who are able, backed by those with money, doing their short algo thing to the PM shares...as they've been doing since last NOvember...jt
Bullboard Posts