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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

Post by Heywood_Silverson Mar 12, 2020 10:33pm
143 Views
Post# 30802342

Interesting......

Interesting......That we had a day long halt pending company news to be released.  My guess is it will announce the finalization of the Toroparu buyout that was initially announced in December.

I kinda feel like management knew shareholders were going to get boned today big time what with the global markets in a massive selloff and therefore "spared us" the carnage by just effecting a halt to shelter us from the fallout.

Don't think that kind of gamesmanship is supposed to happen, but kudos to them helping to prop up the share price from those who would unwisely sell at a depressed price.
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