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. > 52 week low.

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Comment by Heywood_Silverson May 28, 2018 7:43pm

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Post# 28091050

RE:52 week low.

If you think 131mm shares outstanding (especially for an elephant sized deposit) for a junior is high dilution you're going to be beating your brains out trying to find similar projects with other companies who happen to have less than 100mm shares outstanding.

I've been studying the junior resource market probably longer than you have and TRUST ME, 131mm shares outstanding is NOT high dilution. Once you start pushing 300mm then we can start talking bloated capital structure.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?