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Silver X Mining Corp V.AGX

Alternate Symbol(s):  AGXPF

Silver X Mining Corp. is a Canada-based silver developer and producer. The Company owns the 20,000-hectare Nueva Recuperada Silver District in Central Peru and produces silver, gold, lead and zinc from its Tangana Project. The project includes the Tangana mining unit (Tangana), a precious- and base-metal operation that is in the northern portion of the project comprised of 100-plus veins spanning an area of more than 6,500 hectares, and the Plata (formerly referred to as Esperanza) advanced Project, a grouping of historic silver-polymetallic veins, with significant exploration upside in the southern portion of the project comprised of 200-plus veins often with intense anatomizing, spanning an area of more than 7,000 hectares. The Company holds interest in a 1400-hectare concession known as the Las Antas Property, which is located within the Oligocene-Pliocene gold-silver Belt of Southern Peru. The Company also has an option agreement to acquire the Lily 19 claims in Peru.


TSXV:AGX - Post by User

Post by Swedeprofon Jun 30, 2021 2:28pm
1263 Views
Post# 33474138

Excellent Opportunity at 40c. Some DD:

Excellent Opportunity at 40c. Some DD:

AGX owns multiple properties surrounding their processing facility that is permitted and in operation!


Just raised $14M at 60c as part of the acquisition, but in October last year they raised at 41c which came free trading during the halt. Right now the stock is under some pressure presenting a fantastic opportunity to buy in below the price point that the big money took at 60c.
 
AGX for a $43M market cap gets you:

  • Silver producer and explorer
  • 68M oz of silver
  • Processing facility being ramped up to produce 2.3M oz of silver per year by end of next year
  • More than $12M cash
  • 73,000m drill program to commence soon

The best risk reward Silver play here now.
https://youtu.be/zsWLLbiN8oQ
 

A good DD packet: https://www.reddit.com/r/Canadapennystocks/comments/o0jmma/this_highgrade_peruvian_silver_miner_is_about_to/

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