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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 Apr 01, 2020 12:09pm
169 Views
Post# 30868544

News out today

News out todayMr. Munson has stepped down to role of President and there is a new CEO.  There was also a small $2.5mm financing announced to be used for mine permitting and M&A activities.  The little engine that could is slowly chugging along....

The new CEO has been involved in multiple buyouts in the past.  It will be interesting to see how this plays out.  I would prefer the company to get further down the road, with a much higher share price to boot, before any buyout activities occur.
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