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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. > Great article on merger GCM-GLDX-GUY
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Comment by Moogulon May 16, 2020 4:12pm
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Post# 31038385

RE:RE:RE:Great article on merger GCM-GLDX-GUY

RE:RE:RE:Great article on merger GCM-GLDX-GUY

Becuase a bird in hand is worth two in the bush... 
 
The mine has to be fully financed, built and put into production. All of that resource is also uncertain. So much has to happen. And so much capital has to go into it. Capital GLDX doesn't have and would be required with significant dilution. 

All shareholders should be happy with the proposed deal.

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