Gold X Mining Corp. GLDXF

Steve Angelo!

[silverfreakynew]

Warning for investors: Beware of pennystocks like GOLD X If you are thinking about investing in gold-silver or resource pennystocks, be careful. The vast majority of pink sheets and pennystocks with five letters in the ticker will never become commercial mines. Rather, these stocks are traded to generate money for the owners as well as to pull off a pump and dump for websites and initiated investors.  There is a stock called GOLD X that is currently being touted. I would not buy this share even if I were given money to buy it. GOLD X, formerly known as Sandspring Resources, did an 8:1 reverse split (reverse stock split), driving its share price above $2 on the Canadian Stock Exchange. When a company changes its name and does an 8:1 reverse split, it means it is poised to screw over a new group of losers. And of course it will get a new group of losers to invest in, because every day a new loser is born.  So if you want to throw your money down the drain for the chance to strike gold with a penny stock, GOLD X is an excellent candidate. However, you would be much better served buying physical gold and silver than wasting your time on worthless penny stocks.  Steve St Angelo (SRSrocco) 

 

What to make of this stock? Sandspring Resources | wallstreet-online.de - Full discussion at:

https://www.wallstreet-online.de/diskussion/1160993-341-350/was-soll-man-von-dieser-aktie-halten-sandspring-resources#beitrag_62322611

 

Translated with www.DeepL.com/Translator (free version)

[lumpy13]

Obviously someone that knows nothing about GLDX.  That being said, he's right that most exploration plays go no where.  But when you get it right, it can be a 5/10/20x.  In the case of GLDX, they are further along in defining what they have (and they have a nice deposit, then it's a question of taking it from PEA to PFS to DFS) so you're looking for a 5-10x, but it'

[silverfreakynew]

Look to the performance.The earlier name was sandspring resources.They have reached nothing for the stockholders at nearly ten years.Sorry.Two Splits. The problem with this stocks they have no financing.6 or 7 years ago i saw an article in the internet from an canadian miner stock writer(alpha XXXX) that they need an market cap from 350 Mill. US-dollar.(german Million).

[Heywood_Silvers]

I'v held the stock for about 5 years and have an 80% gain.  This is not spectacular, but it is steady eddie growth.  I'm holding for the eventual buyout, which most investors expect. With regards to Angelo's statements: 1)  Gold X is not a penny stock.  It trades for around $3 USD and $4 CAD.  Only old-timers who yearn for the days of the NYSE stock trades to

[silverfreakynew]

[silverfreakynew]

And i have 20% Plus in euro.Maybe my buying was not very lucky.But other one lose much more money. You can look how much you lose with the old company sandspring.I hold it longer, maybe 8 years. And this split was a criminal act.

[kkkrrr]

past is past , future is future ... i'am up on this and i excpect grat returns with delelopement of toroparu or takeover... new management ... this is not the old Sandspring with sleepy Munson

[likeike]

Heywood Silver always nice to see you out there. I have held this stock I think `10 years" and am down I think 30% have not checked recently. The thing you have to realize they started promoting this thing as Sandspring right when the finiancial crisis started sucking everything out of the stock market and  especially mining stocks......It had to go into hibernation and just exist

[menoalittle]

speaking of performance, check this out... (and note the change since they made their last acquistion of GUY) Stock Performance_zijinmining

[menoalittle]

in case you have trouble figuring out how to adjust the time frame of that chart, the stock price has more than tripled since the GUY takeover... shocking, eh?

[likeike]

Hey Menoalittle zijinmining just had a very good year after floundering for some time. Here comes a share price performance list of all GDX miners +3 Golden Triangle Gold shares. The clear winner is ... OUR: ESKAY MINING !!!! Do your DD about Eskay Mining and you will understand why ...   adjusted adjusted   share