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QMX Gold Corporation V.QMX

QMX Gold Corp is a junior exploration company. It is engaged in mineral exploration and evaluation properties in the province of Quebec. The Company is focusing on the exploration and evaluation of its gold and base metal projects within this region. It is also focused on the Val d'Or mining camp in the Abitibi District of Quebec. It holds the Aurbel property and holds a 100% interest in the VMS properties.


TSXV:QMX - Post by User

Bullboard Posts
Comment by ghayeson Jul 22, 2013 11:08pm
350 Views
Post# 21623460

RE:what is the latest status with QMX ?

RE:what is the latest status with QMX ?I guess the QMX estimate of $1200 - $1400 an oz on the april news release says it all -  at that price they will be losing money - so no surprise they are shutting down new development,  wouldn't surprise me if they put everything into care and maintenance for a few years.  Where it will remain until we see $1700 gold again. -  2016 ?  2017?   -  we will probably see $1000 or less first.  
Bullboard Posts