Regenx Tech Corp. C.RGX

7 cents

[bailey2]

Minecoin. Good name change. The Reddit investors are going to be all over this. Volume picking up. Hold tight, big investors coming in. glta

[djstone56]

Not sure it was your proposed name change Bailey...and not sure about big investors coming in (yet)...but by any metric, the current s/p is way undervalued relative to the near term potential. Using the implied value of 0.84/sh for one cc plant in BigGrayCat's earlier post and approx 0.25/sh for every 10 million tonnes of iron ore proven up at Cehegin, (based on US $180/tonne X 5% in-situ

[Eagleseeker]

OK OK Ok   We are getting a little carried away.  I am still positive on stock but: We do not know what the Agreement with Davis is.  How much will mwx be paying for CCs  whether Davis will receive a royalty or ?? of proceeds of production or ??.  No way we can tell at this point how much each plant will be worth to MWX.  Again as afar as we know no one has been

[eunice12]

A royalty owner will never run anyone's plant so the operator, Davis, will be a working interest owner. Too much conflict of interest for a royalty owner to do that since they don't share in costs or capital.  I'm sorry to see you bursting rancher's bubbles wrt mine valuation.  Another thing to keep in mind is all commodities are up big, not just the ones that he Googles

[djstone56]

Eagleseeker, you're right...$180/tonne is way too high for the sale of Cehegin. What's reasonable? Pick a price. The projected range in price of iron ore from 2021 to 2025 is between US $95-$107, so let's keep it simple and use US $100/tonne...(and let's use Cdn $120/tonne to err on the side of caution). Historical records show a resource between 40 and 60 million tonnes. Greg said

[BamBam101]

Iron Ore | 2007-2021 Data | 2022-2023 Forecast | Price | Quote | Chart | Historical (tradingeconomics.com) Not sure where you got your projected price for iron ore. These guys have the range being between $222 as a high and $107 being the low in the range for the next year. I love your conservative approach as this estimate is squarely at the lower range of possibilities and is still awesome

[djstone56]

Hi BB101. I just Googled iron ore price forecast to 2025 and used the statista.com prices from their chart. I think they're low too, but I'd rather err on the low side and be pleasantly surprised, than the other way around. Whatever the right price is, there's a boatload of money to be made by MWX if the Company can prove up the reserves, prepare an NI 43-101 compliant resource

[BamBam101]

DJStone56 I used the P/E ratio of Vale (22.2) and compared it to our potential pilot plant at Cehegin (60000t/y) at todays iron ore prices and got $0.84CAD/sh. I am in total agreeance that with a little execution MWX is a ten bagger on just one of the vertices of this business plan. DD101 BB101