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Gold X Mining Corp. GLDXF

Metals & Mining Industrial Metals & Minerals
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

Gold X Mining Corp. > Without a doubt sandspring project
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Comment by darter2on Sep 18, 2017 11:47am
153 Views
Post# 26709063

RE:RE:Without a doubt sandspring project

RE:RE:Without a doubt sandspring projectNice update!

I like especially like this:

"Sandspring’s Prefeasibility Study estimated ~228,000 oz average gold production per annum from 4.1 Moz proven and probable gold reserves over a 16-year mine life; US$1.25 Billion Free Cash Flow at US$1,400/oz gold price; $893 Million Free Cash Flow at US $1,260/oz gold price; and a US $501 Million pre-fresh rock production capital expense."

Nice profit at these prices and crazy profitable as the price of gold moves up.
Our day will come.  Nice to hear for exploration coming, always a good thing.

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