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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 djstone56on Mar 27, 2024 2:55pm
224 Views
Post# 35956212

RE:Existing Shareholders

RE:Existing ShareholdersBNG2...For what it's worth, I'm a long time shareholder with a decent-sized position.  I was in Tennessee last week and arranged with Greg to tour the facility.  Rick spent close to an hour with me explaining the process and answering my questions.  I also spent some time with the plant supervisor.  There was an issue with the auto feed system a few weeks ago, that caused some delays.  The unit was built by the manufacturer with a fabric "iris" that opens and closes to regulate the flow of feedstock.  Unfortunately, the feedstock was too abrasive and kept ripping the fabric.  The plant staff improvised and used a sleeve, hoping that would correct the issue...it didn't.  Finally, another employee suggested installing a manual valve and that seems to have corrected things.  Two points here...first, this is a brand new system that hasn't been done before.  There are no blueprints to follow.  There are bound to be glitches, but the Company figured out a way around the issue and got it going again.  I was impressed with the initiative of the employee that suggested the fix and also with local Management for listening to and acting on the suggestion by a staff member...without letting egos get in the way.  All I can tell you is that Rick and the other staff that I saw and spoke to seemed genuinely positive and passionate about  the process.  They all seemed to be busy and moving with a purpose, not sitting around and grumbling or talking doom and gloom.  In fact, I believe they hired 2 more staff a couple of weeks ago.  I left with a better feeling about things than I had going into the tour.  That's not a guarantee of anything...just my perception of how things are at the "boots on the ground" level...
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