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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
Comment by ss1867on Jan 21, 2013 6:46pm
142 Views
Post# 20869173

RE: RE: RE: Flushed

RE: RE: RE: Flushed

Never thought I would see this thing trade @ a penny with such conviction, company is out of cash and out of time, geo-political risk went on to perhaps be the crushing blow..we all knew it was a concern but lets face it, drug gangs and corruption rule the land. Only hope now is a reverse split if and when they get the permits to raise money @ a new PP of a nickle to finance extraction. Or outright sell the concession and go back to the so called " best undrilled land package in the Americas" A disappointing investment to say the least as the asks are piling up @ 1 1/2 cents to get out. Looks like GDX has joined the "I coulda been a contender" club. In retrospect Radius appears to have gotten it right...Is it time to suck it up and move on ? Sure looks like this play is over. 

Bullboard Posts