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QMX Gold Corporation V.QMX

QMX Gold Corp is a junior exploration company. It is engaged in mineral exploration and evaluation properties in the province of Quebec. The Company is focusing on the exploration and evaluation of its gold and base metal projects within this region. It is also focused on the Val d'Or mining camp in the Abitibi District of Quebec. It holds the Aurbel property and holds a 100% interest in the VMS properties.


TSXV:QMX - Post by User

Post by audigger13321on Jan 21, 2021 12:13pm
168 Views
Post# 32345498

Well gang...

Well gang......pulled the plug on this puppy at US +0.22/sh; or Canadian, about C 0.28
Used the funds to buy some 1911 Gold(AUMB); they have fully permitted and operational mill
as they are processing their own tailings at about $ 10 million/year, a huge land package of  about 54,000 ha. at Rice Lake, Manitoba;  so far about 1 m. oz at 15.8 gt, large insider/institution following
at about 39%. ; tax credits of about $296 million, Only 53,587,627 shares, had their last
placement finalized with NO Warrants ( a+ ).  Heck, the mill replacement value alone is
about $ 200 m. So what not to like...IMHO...worth a try.  But as always, DYDD.
Audi.
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