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Almadex Minerals Ltd V.DEX

Alternate Symbol(s):  AAMMF

Almadex Minerals Ltd. is an exploration company that holds a mineral portfolio consisting of projects and NSR royalties in Canada, the United States, and Mexico. Its United States projects include Davis / Paradise Valley, New Hope, Monte Cristo, Radio and Veta. It also has three epithermal gold-silver prospects in Nevada, United States, including Confusion Hills, County Line and Silverton South. Its Canadian projects include Logan, Lac de Gras / ATW, Merit, and Nicoamen River. The Davis/Paradise Valley property comprises 302 claims totaling approximately 2,400 hectares with multiple targets, located approximately eight miles southeast of Gabbs, Nevada and five kilometers northeast of the Paradise Peak gold mine. Its royalty package consists of projects, which include La Bufa, Caballo Blanco, El Cobre, Cerro Colorado, El Encuentro, El Fuego, Ponderosa, Prospect Valley, Skoonka Creek and others. The Company also owns a number of portable diamond drill rigs.


TSXV:DEX - Post by User

Comment by MonetaryReseton Aug 01, 2020 5:19pm
235 Views
Post# 31354298

RE:news

RE:newsThanks for the direction pienter.  My objective was to evaluate which projects were actually active with drilling/development or going into a new JV as I assume that most of the Royalties are years out, on inactive projects or from historic holdings.  But I am very bullish on the prospect generators like DEX as they are the last dog to bark.

My general long term observation is that it's all about news flow to move the share price and going thru all of the Royalties and their status is work that someone might already be current on and would share.

I originally found out about the prospect generators in about 2003 or so thru Resource Opportunities by Lawrence Roulston and was able to ride the cycle...and then also the cycle that resumed in 2009.  This looks like close to an optimum entry for another cycle for the prospect generators and since I recently re-entered all of the prospect generators that I could think of.... I'm not up on what is active and what is historically relavant for DEX. 

I'm finding that it's actually very reassuring that there is little interest in DEX on the BB...or for most of the prospect generators.  

I was more active on stockhouse years ago and my handle was AinNYC....but MonetaryReset seems very appropriate now.  I remember when Nixon went off the gold standard and all the discussion of doom back then that would eventually happen to the usd reserve currency status.  Ok, the usd did crater then but here we are again in what would be equivalant circumstances in a twisted way. 

Well, thanks for posting and I'm off to the other prospect generator BB sites for my weekly check up.  If we don't run into a liquidity event this has the potential to be a multi year run where buy and hold works.
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