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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. > The wall of worries are the big number of warrants.
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Comment by orepasson Apr 15, 2018 9:41am
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Post# 27886911

RE:The wall of worries are the big number of warrants.

RE:The wall of worries are the big number of warrants.Forget the warrants...Sure it makes the stock heavier to lift in the very short term but this will not be a significant factor when the bull market in gold stocks resume...Sandspring has not fared worse than its peers since the start of the correction that began in August 2016 after the "baby bull" gold run that occured from January 2016...That harsh correction is the reason why we are at $ 0.30, not the warrants...Also, half these warrants are in very strong hands...When the price of gold soon breaks out, Sandspring will explode to the upside, it's a mathematical equation: Oz in the ground gets revalued higher...Hang in...

orepass
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