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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 Mar 03, 2014 12:54pm
300 Views
Post# 22273437

RE:Consolidation!

RE:Consolidation!
KC8 wrote: After the close on Friday the company issued a news release.

The company has consolidated its capital on a 1 new for 10 old basis.

Effective at the opening Monday March 3rd, the common shares of Goldex Resources will commence trading on the TSX Venture Exchange on a consolidated basis.

I would suspect the bid ask to possibly be 4 to 5 cents at the opening.


WOW !, with no warning to the trapped share holders. Same management as Tearlach, they did the same thing over there a while back and the share holders got creamed with no notice. It is all too obvious that this management team doesn`t care about their retail share holders. No credability left, run for the hills on this one. Lights will be out soon enough.
Bullboard Posts