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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 pk12on Feb 01, 2012 8:02pm
331 Views
Post# 19477038

Brutal

Brutal

We all know financing IS coming.... It was not a question before or after this week's release. A lot of drilling, a lot of dollars, and the company needs more to continue, regardless of if it intends to raise a more substantial amount for mine building. This is just the same old $$$$ that occupies the market. No worries in the long run, but it's hard to swallow this $$$$ when you hold it down to 1.14 at a time when it would have been easy to make money elsewhere. Just the way it is when you are not in control.

For anyone who does not own ssp already, I hope you take some time to research the company tonight and hopefully we all profit together.

Bullboard Posts