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Bullboard - Stock Discussion Forum Gold X Mining Corp. GLDXF

Gold X Mining Corp. is a Canadian junior mining company developing the Toroparu Gold Project in Guyana, South America. Gold X has spent more than US$150 million on the Project to date to classify 7.35 million ounces of Measured and Indicated and 3.15 M-oz of Inferred Gold Resources, develop engineering studies for use in a feasibility study, and define a number of exploration targets around... see more

OTCQX:GLDXF - Post Discussion

Gold X Mining Corp. > 52 week low.
View:
Post by Silverfreaky on May 28, 2018 3:36pm

52 week low.

I was right.4 $ this stock?Never to much dillution.
Comment by Heywood_Silvers on May 28, 2018 7:43pm
If you think 131mm shares outstanding (especially for an elephant sized deposit) for a junior is high dilution you're going to be beating your brains out trying to find similar projects with other companies who happen to have less than 100mm shares outstanding. I've been studying the junior resource market probably longer than you have and TRUST ME, 131mm shares outstanding is NOT high ...more  
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