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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

View:
Post by konik00 on Jun 22, 2020 9:32am

Halted

Pending news
Comment by Heywood_Silvers on Jun 22, 2020 10:55am
Gran Colombia taking another crack at us?!
Comment by Heywood_Silvers on Jun 22, 2020 11:14am
Actual news:  Friedland joining the BoD.  Should have some positive effects for the stock.
Comment by ikny on Jun 22, 2020 11:22am
price has not jumped because he joined board...we will be getting some more news quickly regarding bid from other co.
Comment by Heywood_Silvers on Jun 22, 2020 11:51am
Word to the wise (and I am talking to Gran Colombia here):  you let Aurora slip from between your fingers whilst you napped.  The baseline bid at 0.5 share of GCG per GoldX share has been set.  We now want at least 0.6.  If you nap, you will lose Toroparu also. Of course, they could increase their % holdings to 30 % and more or less insulate themselves against any takeover ...more  
Comment by kkkrrr on Jun 22, 2020 3:16pm
i think you are completly wrong.. GCM will not tak over Gold X ..  Martysek and Friedland wiill sell this company to the chinese... this is why Friedland is here....    Friedland is a big bonus and games are ON now....
Comment by Moogul on Jun 22, 2020 3:57pm
As a GCM holder I'd be fine with Chinese taking this over... nice pay day. Just like Guy shares 
Comment by Etirol1809 on Jun 22, 2020 4:34pm
I think this is another game now. GCM is to small for GLDX now...
Comment by Heywood_Silvers on Jun 22, 2020 5:02pm
I don't think GCG is too small for GLDX, just that their previous offer was a tad too light. GCG would need to drop about 10mm USD to bump their ownership % to a point where they can prevent any takeovers.  Me personally, I would much prefer being bought out by a major in a share deal than to have to mess around with $$ and the tax liabilities involved. Cash is for dividends ...more  
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