Sphinx Resources Ltd V.SFX.H

Metals & Mining Industrial Metals & Minerals

Sphinx Resources Ltd is a Canada-based mineral exploration company. The Company is focused on its activities in Quebec in search of deposits of precious metals, including gold, silver, palladium and platinum, and base metals, including copper, zinc and lead. The Calumet-Sud project consists of 21 claims totaling approximately 12.1 square kilometers (km2). It is located in the manicouagan regional county (MRC) Pontiac of southwestern Quebec. The GP project includes 74 claims, which occupy an area of approximately 41 km2 and is located in the MRC Pontiac in southwestern Quebec. The Calumet-Nord project consists of 42 claims an area of approximately 24.5 km2 and is immediately adjacent to the north and east of the former New Calumet mine. The Patrie project is composed of 34 mining titles covering an area of approximately 19.90 km2. The Soufflot project consists of 35 mining titles covering an area of approximately 19.95 km2.

TSXV:SFX.H - Post by User

Sphinx Resources Ltd > $70,000 PP , a joke . Move on for me

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Comment by Inmypocketson Aug 01, 2020 11:33am

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RE:RE:$70,000 PP , a joke . Move on for me

To be quite frank, who are the fooled who going to put money in this compagny? Their main problem is that they have far too many shares outstanding! They own 5 properties but practically all without real value! After this possible upcoming financing, you know what it means for Sphinx isn't it, still more dilution for a company that hasn't proven up anything yet with 128.5 million shares outstanding. That's not very attractive to an investor!

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