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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. > Nur hurry!
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Comment by kkkrrron Feb 06, 2019 9:25pm
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Post# 29329850

RE:Nur hurry!

RE:Nur hurry!
Nonsens .. the new feasibility study underway will use an scenario with smaller scale startup und upgrade later.. old Capex was appr. 300 million USD ..they have an deal with Wheaton for appr 150 million USD ..the ramaining capax is not high .. and the AISC are not high...   let GCM earn more money the coming 3-4 years ... they will have the capital bringing this into production ... there is a strategy behind this deal...a merger wil/could happen later   .... GCM has Segovia as cashcow (Sandsprings claims there are an good addition to GCM's land there), GCM has Marmato as second big project.. once marmato is in production (4000-5000 tonnes7day for 100000 oz p.a.)  they will produce appr 300000 oz p.a. ...   this will be the time they will take over Sandspring and finance Toroparu.....
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