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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. > Gold will be the next mania...
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Post by orepass on Jan 14, 2019 8:45am

Gold will be the next mania...

Some here have been criticizing the managements of junior mining companies and blaming them for dismal performance, dilution, etc...Sure, some companies are better managed than others but in the past 7 years everybody got crushed in the sector, there was nothing to do unless you had an extraordinary discovery...We had manias in biotech, then tech, then cryptos and finally in pot...Junk in these areas went to the moon because this is where all the speculation took place...It is as simple as that! Now money is finally starting to move where it should have been a long time ago based on the rotten fundamentals of our global debt based system...The rush for gold will be epic and the mania will move to PMs and PM mining stocks...Now is not the time to cry but the time to take position in the levered players like Sandspring...Lots of money to be made, finally!

orepass
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