Gold X Mining Corp. GLDXF

RE:RE:RE:SSP Interview

[Evensteven3]

Uploaded on Jul 28, 2016 https://goldstocktrades.com/blog Sandspring Resources (SSP.V or SSPXF) is advancing its 100%-owned 4.1 million ounce Toroparu Gold Project, one of the worlds largest undeveloped gold resources completely owned 100% by a junior miner. The project is advanced and has already received the valuable Environmental Authorization, Mineral Agreement and Fiscal Stability Agreement. Sandspring is working on a definitive feasibility study. They completed a Pre-Feasibility in 2013 which showed annual production of 225k+ ounces of gold over 16 years at a $1400 gold price. This is the sort of size that could interest a major who want to enter the Guyana Shield Gold District. Sandspring has agreements with the Guyana Government to build a hydroelectric plant which could bring the cash costs down significantly and provide cheap power to other deposits as well. For those looking to see impressive sponsorship one has to look no further than NYSE royalty giant Silver Wheaton who has an agreement on the project. Sandspring's Toroparu Project is located in the same corridor as Guyana Goldfields Aurora Mine (GUY) which came into production in August 2015. Guyana's success is evident in its $8+ share price and it would not surprise me if they start looking seriously at Sandspring as they come closer or after they publish the Feasibility Study. Who knows maybe a major could then come in and consolidate the whole Western Guyana Shield district by buying both companies?