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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

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Gold X Mining Corp. > goldprice is to low!

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Post by Silverfreaky on Feb 07, 2019 2:19am

goldprice is to low!

With these gold prices there is no financing. How do you know that the gold prices goes up to 1400$ runs? Under it comes here no financing at all. We see how long we are already caught in this range. Already years!

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Comment by kkkrrr on Feb 07, 2019 3:34pm

we have to wait for the new F´feasibility study with lower Capex ... Sandspring has a deal with Wheaton metals worth appr. 130 million USD ... the balance of the Capex is managable ... the AISC are near 800 USD/oz ..so there is no need for a higher POG ... ...this scenario is with GCM as a project partner ... 3-4 years down the road they will have ...more

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Gold X Mining Corp.