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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 Jan 10, 2024 6:54am
242 Views
Post# 35818761

RE:RE:RE:RE:Continual Daily Selling is Gone

RE:RE:RE:RE:Continual Daily Selling is GoneI think your take, is spot on. I do think, once we had filled the announced PP in December quickly, we were poised to move up in price. However, this was short lived as a debenture offering was announced a week later, at 5 cents. The debenture was going to be filled around Dec 31. The sooner RGX gets that filled the better to move upwards in share price. We don't want to have any financings that have not closed, which could inhibit share price appreciation as we get operational updates, on successful increases in tonnage for module one, and actually into revenue in this quarter. Regardless of the delays, RGX is closer than ever, for validation. One also has to remember that Davis Recycling will contribute 45 per cent of capital costs for all modules, which will lighten the load of future financings needed to expand to 4 modules. The NDA with a large company awaits module one validation. Place your bets. I wish I was in at 5 cents or lower, like many who have bought in the past few months. Good for you! GLTA
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