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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 44thPresidenton Oct 07, 2011 9:50am
513 Views
Post# 19129174

Advancing on news or value?

Advancing on news or value?
With the gold just a foot below the surface that they said production could start next year and even with a small production it would purposely be used for exploration cost or expansion.Third is that this company is on the way to a major gold and silver discovery at both properties.Shares are ridiculously undervalued and should reflect current historic value done by UNThe company has enough money to conclude 2011 program.

50 cent stock with the current gold found but futher news and drilling will see over time this a dollar play.
Bullboard Posts