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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
Comment by moneyhungry87on Jan 12, 2016 3:19pm
84 Views
Post# 24450989

RE:Like i said!

RE:Like i said!
at this point in the cycle you should not be bearish. read avi gilburts commentary, he has been almost spot on with his gold market forecast since the top in 2011 ( he called the top and was off his target by $5)

anyway, he says we have one final decline where GDX and GDXJ will make new lows ( below 12.60 for gdx etc) but he says it is not a guarantee miners will make new lows or that gold will hit $1000 just like how gold failed to make $2000 in 2011 everyone was expecting it and it did not happen.
Bullboard Posts