Silver X Mining Corp V.AGX

Alternate Symbol(s): AGXPF

Metals & Mining Industrial Metals & Minerals

Silver X Mining Corp. is a Canada-based silver developer and producer. The Company owns the 20,000-hectare Nueva Recuperada Silver District in Central Peru and produces silver, gold, lead and zinc from its Tangana Project. The project includes the Tangana mining unit (Tangana), a precious- and base-metal operation that is in the northern portion of the project comprised of 100-plus veins spanning an area of more than 6,500 hectares, and the Plata (formerly referred to as Esperanza) advanced Project, a grouping of historic silver-polymetallic veins, with significant exploration upside in the southern portion of the project comprised of 200-plus veins often with intense anatomizing, spanning an area of more than 7,000 hectares. The Company holds interest in a 1400-hectare concession known as the Las Antas Property, which is located within the Oligocene-Pliocene gold-silver Belt of Southern Peru. The Company also has an option agreement to acquire the Lily 19 claims in Peru.

TSXV:AGX - Post by User

Silver X Mining Corp

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Comment by GMoneyTxon Feb 12, 2020 9:10am

137 Views

Post# 30679660

RE:RE:RE:bought some jewelry

I expect full year 2019 sales will come in at around $14M - $15M, an 80% - 90% increase over prior year. I believe Q4 earnings could be close to breakeven, very impressive for such a young company.

This is being accomplished with minimal advertising, which speaks to the true potential for this company. Management is taking a prudent approach to building an exceptional brand within a very profitable industry.

These are all factors reflected in the share price.

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