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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 BrandNewGuyon Dec 07, 2021 6:47pm
225 Views
Post# 34208498

RE:RE:re: your comments

RE:RE:re: your commentsHere are my comments starting with the Ranchers commentary:

Makes sense to me about all of the ETI new releases that all started with the David Morgan report.  They are burning through $1-$1.3m cash each quarter, so guess what is around the corner, a private placement.  So they have been trying to "create" a market so the PP doesnt dilute as much as it is going to.

Sometimes I wonder why people think companies need to divuldge absolutely everything that is going on.  This is in relation to Rancher Berlin wall comment.  What is better for a stock, under promising and over delivering or the other way around?

I have no idea who the COO material guy is that is being talked about and yes there is alot to think about but I find it difficult to believe that if a person was that good, proactive and possibly great for the company that the company would not keep them past their probation period.  It's more conceivable that the company is focused on the two primary goals and everything matter, but it matter is the future and this person wasnt going to wait until the future to drive home their agenda.

I have commented previously on the past splitting up of companies and Bailey and I are on complete opposide side of the fence here which never happens. But I look at the last time this company was split into two and it was a disaster, created lawsuits and alot of animosity.  So depending upon how the split is structured I might be ok with it but if it anything like the ETI split off I would be completely against it.

So two months ago everyone was on this board asking for updates, now that marketing has started and updates are being given everyone wants the fluff to end and the wall to come down.  Seems like almost no one is ever happy on here.

Long and short, neither MWX or ETI will start moving like everyone wants until actual sustainable real REVENUES are coming in.  Be hopefuly all you want, bicker and complain all you want but the 2nd Q next year small amounts of revenues should start coming in with the pilot plant being fully operational and then higher more sustainable revenues in Q3 and Q4 with the commerical plant operational.  I am glad they are not sourcing commercial plant parts from China as I see the supply chain issues continuing for quite some time.

Until then, I see 4-6 more months of bickering, disappointment and requests for more information, less information or walls to come down before the price of this thing starts moving.


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