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Regenx Tech Corp. C.RGX

Alternate Symbol(s):  RGXTF

Regenx Tech Corp. is a cleantech company. The Company is engaged in the development and commercialization of its processing technologies for the recovery of precious metals. The Company’s initial focus is the extraction of platinum and palladium from diesel catalytic converters. Its technology produces a sustainable PGM concentrate without the need for smelting or mining. It provides an alternative from environmentally harsh smelters to modern technology to recover precious metals. Its products are used in various industries, including electronics, medical, transportation, emissions, jewelry, and pharmaceuticals. The Company’s subsidiaries include Mineworx Technologies Inc., Regenx USA Inc., MWX Espana, S.A.U., and Iron Bull Mining Inc.


CSE:RGX - Post by User

Comment by bailey2on Feb 12, 2021 8:30am
249 Views
Post# 32550145

RE:RE:RE:RE:RE:RE:RE:Execute

RE:RE:RE:RE:RE:RE:RE:ExecuteBGC, it is certainly normal to feel negative about MWX. i agree with your assessment of the situation. The CC recycling is no slam dunk. On the positive side, there is ample feedstock to conduct this experiment. And a willing partner, in Davis. I believe that any partnership with ETI to build ewaste plants is over. I would like to see Mineworx sell their 20 per cent stake in the Surrey plant once it reaches profitability, and the tin and copper is added to the process. Feedstock seems to be a major issue with the Surrey plant, presently, and the timelines to profitabilty could be more extended into the future , than on the previous cash flow goals on the latest webcasts.  Eventually, Eti will do fine, but without Mineworx. The Cehegin property is certainly a near term driver of a much higher stock price. Drilling permits, and work on the property. Perhaps also a small scale  extraction permit. Apparently, a spin-off of this asset into a separate company has not been ruled out. Need a 43--101 to value the project. The mobile mining is on a backburner, presently, as Mr Pendura says that he is concentrating on what could be the most bang for the buck, asap. In the simplest of form, the information with the proxy states" We currently have sufficient working capital to last 4.5 months. We require 14.7 % of the offering to last 12 months." So approximately 45 million rights need to be exercised. I think ( sometimes I do) that every right will be exercised, all 322 million. They will have a decent sum of money going forward. This IS the year. And it could start with a bang in March. Buyer beware. Roll the dice. glta



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