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Bullboard - Stock Discussion Forum
Gold X Mining Corp.
GLDXF
Metals & Mining
Industrial Metals & Minerals
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...
Toroparu on its 53,844 hectare (538 km2) 100% owned Upper Puruni Concession.
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OTCQX:GLDXF - Post Discussion
Gold X Mining Corp.
> Why you think
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•••
GoldenReciever
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Post by
GoldenReciever
on Sep 22, 2020 10:24am
Why you think
that they are doing a warrant acceleration? Of course because a M&A is imminent. Hold tight we will get an offer by the chinese very soon is my feeling. Maybe right after September 24th
(1)
•••
Wvdmme
X
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Comment by
Wvdmme
on Sep 22, 2020 11:05am
If i see warrent accelaration i hear: we need money to do X. In best case scenario X is adding value to the company, which M&A could do. in worst case scenario X is keeping afloat, paying wages and keeping the lights on. Which is a value drain instead of added value. We do not know what the X is. Strongly rooting for the first option, but i find it hard to get a good view on this company
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