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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 RockLobster1on Dec 04, 2019 9:24am
221 Views
Post# 30420359

RE:news

RE:news
rotax1 wrote: https://www.stockwatch.com/News/Item?bid=Z-C%3aGLDX-2842717&symbol=GLDX&region=C

i
 think is a good deal for gcm fiore and wheaton but not not sure  for existing ssp share holder

it a debenture  3 years the interest is 10% ,( Interest on the Debentures will be compounded semi-annually and payable annually. Interest is payable in shares at the option of the holder)






I must be blind,,, never saw the interest rate.  It looks okay, they had to raise the 20m USD or risk losing it all.... nice to be this rather than a PP at 1.50 or something.

They are wheeler and dealers... they now have their stake and can get it ready for a future sale once gold rallies...  I think we will do well from this price.
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