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Ggx Gold Corp V.GGX

Alternate Symbol(s):  GGXXF

GGX Gold Corp. is a Canada-based a junior mineral exploration company engaged in the business of acquiring, exploring and evaluating natural resource properties. The Company is focused on its Gold Drop Project and is actively pursuing other precious metal assets particularly in the province of British Columbia. The Company has earned a 100% interest in the Gold Drop Property (gold - silver - tellurium). Its Gold Drop property in situated in one of the most prolific gold-copper mining camps of North America, the Greenwood-Republic mining camp.


TSXV:GGX - Post by User

Bullboard Posts
Post by WWTLDSon May 31, 2018 9:41am
78 Views
Post# 28104513

Interesting piece of MD&A

Interesting piece of MD&A
Here's what I found interesting... the last instalment that they paid (2018 payment) was paid (to themselves essentially) via shares. This tells me that the current share price is undervalued. Cash is worth LESS atm or Ximen would demand a cash payment. They have the option of paying themselves however they want. All previous payments were CASH payments. UP we go IMHO On Execution of the Agreement (Paid) 50,000 Upon TSX-V approval on July 26, 2016 (Paid) 50,000 On or Before July 26, 2017 (Paid) 100,000 On or Before July 26, 2018 (Equivalent in shares issued) 100,000 On or Before July 26, 2019 100,000 400,000
Bullboard Posts