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Gold X Mining Corp. GLDXF

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

Comment by DaMantison Sep 26, 2018 8:21pm
80 Views
Post# 28697478

RE:RE:Sandspring On Watch!!

RE:RE:Sandspring On Watch!!I don't disagree with you that this is an amazing deposit and will become a mine one day.  But with all the dilution it's been a terrible investment for us retail investors.  I currently own <20% of my stake in this relative to what I owned in 2015 (3yrs ago).  And expect that %'tage to be halved again before we even get to a construction decision.  

With over 200M S/O and them now diluting the shareholder base to chase an early stage project this is just going from bad-to-worse for us little guys.
>DM
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