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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 BamBam101on Mar 29, 2021 5:17am
414 Views
Post# 32896676

RE:RE:RE:Glencore

RE:RE:RE:Glencore

Thanks guys I had been wondering about that. I like the statement as close to a turnkey operation as it gets in iron ore mining. Basically brush the dirt off, grind it up, and put it into rail cars. At costs of $50USD/tonne, high concentrations, and very low impurities suitable even for EU smelters lots of room here for a long term consistent cash flow. Additionally, "In March 2021, the Company received a report from the Spanish geology firm CRS INGENIERA that provided an interpretation of the data obtained from an aeromagnetic survey of the property conducted in 2015. The report concluded, based on this data and assuming a density of 3.2 t/m3 that the potential reserve could be 101.27 million tonnes at an average grade of 60%.", multiples of the original resource estimate. I was invested in Iberian back when I started in 2005, and got out before the price collapsed. Mineworx brought me back, but with iron ore smoking hot, and a new commodity cycle starting there is a lot to be really excited about.
DD101

BB101

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