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SPECIAL PODCAST: A look at Gold X Mining Corp with Brian Paes Braga

36

I think I may have come across an interesting situation here. When you have a few minutes, please give a listen to this interview.

The company in question is called Gold X Mining Corp and the guest is Brian Paes Braga, who previously ran a company called Lithium X and now serves on the Strategic Advisory Board of Gold X Mining.

This company was previously known as Sandspring Resources and, as you can see below, it's not as if it has been a great performer over the past several years. Here's the press release regarding the name change: https://www.bloomberg.com/press-releases/2019-10-29/sandspring-resources...

But what do we always talk about?

  • Team
  • Jurisdiction
  • Property

And Gold X Mining appears to check all three boxes.

However, what really makes this interesting is the relatively low price versus its value in 2016. Then, when you throw in the recent acquisitions of Detour Gold and Continental Gold by major producers, a company like Gold X becomes even more intriguing.

Again and of course, speculations like this are NOT for everyone and it is imperative that you do all of your own due diligence before making any and all investment decisions. But this is another company that caught my attention and I'm happy to be able to share this podcast with you.

TF

  36 Comments

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llepardmackvorkian
Dec 11, 2019 - 5:41am

Thanks I will check it out.

Thanks I will check it out. Would like to speak with you about it. Can you please send me your email at: llepard[at]ema2[dot]com. Thanks. Larry

mackvorkianJassua
Dec 11, 2019 - 12:49am

SRSRocco

I have read what Steve had to say on his SRSRocco Report.

I like Steve a lot. He has been punching out premium info based on a lot of hard work for a long time. His work on energy is especially good. I however disagree with him on GLDX. The deposit is exceptional. The elephant in the room is the POG. When Gold breaks and hold $1600, GLDX will fly. (10 bagger material) which would bring it to only $50 an ounce in the ground (I think). This project is feasible at $1400 gold.

mackvorkianllepard
Dec 11, 2019 - 12:44am

llepard

LL, I appreciate your post. I have been in this space for about 16 years. I just sold my CNL after the buyout. CNL has super high grade but its underground. SSP's deposit (now GLDX) is an open pit. Open pit is way cheaper and easier to mine.

I own shares in around 30 Gold and Silver jrs. I like to buy stocks with a lot of metal in the ground that are underpriced. And just about everything is underpriced right now.

Here's one of my favorite stocks. Its NRG. The are in Nevada which is the best place on the planet to mine for a number of reasons. The claim has been owned by a family for over 100 years. Back in the 1890's the old time miners were taking up to 220 ounces (not grams) a ton of gold to the Comstock mills. They cut 8 km of tunnels into the hills chasing high grade veins. There's lots more where that came from. EG - A drill hole hit 4.6 meters (15 feet) of 239 gpt (7 1/2 ounces ton) The NRG Pamlico claim is 63 miles from the Round Mtn mine which has produced over 20 million oz and is still producing. It is one of the largest mines on the planet. The rock at Pamlico is soft and the mineralization is shallow oxide. Building a mine will be dirt cheap. Check it out.

mackvorkianSovereign
Dec 11, 2019 - 12:25am

GLDX / SSP

I have owned SSP, now GLDX for years. MGT has tried different ways to promote it, with poor results. I hate 8 to 1 splits or rollbacks of any kind. Nevertheless, the deposit is spectacular. It is an optionality play and won't get built until the POG remains at and holds $1500. The Capex will be very high ands there's that power / infrastructure situation. Having said that, the 10 million oz plus will get mined. The majors are already on the hunt for large resources as they have continued to mine down their assets. All the jrs are sucking wind. When the POG breaks thru $1600 and higher, GLDX will easily be a 10 bagger or more. Jan and Feb are seasonally great for gold. When the Dow and S&P hit the skids, the rush to gold will be strong. There are so many Black Swans in the air right now that you can't see the sky. GLDX is a definite Strong Buy.

Jassua
Dec 5, 2019 - 7:54pm

GLDX/ Just pick that up from SRSROCCO report

INVESTOR WARNING: Watch Out For Garbage Penny Stocks Like GOLD X

If you are considering investing in gold-silver or resource penny stocks, WATCH OUT. The overwhelming majority of pink sheets or penny stocks with five letters in the ticker will never become commercial mines. Rather, the peddling of these stocks is mostly done to make money for the owners, pump, and dump websites and investors in the KNOW.

There is a stock called GOLD X that is currently being promoted. I wouldn’t buy this stock even if I were given money to purchase it. GOLD X, formerly known as Sandspring Resources, did an 8-1 reverse spilt, thus pushing its price over $2.00 on the Canadian exchange. Here is the price before the 8-1 reverse split on November 29th:

Now, here is the GOLD X chart after the 8-1 reverse split:

If a company is changing its name and doing an 8-1 reverse split, it means they are ready to start BAMBOOZLING a new group of SUCKERS. And of course, they are going to get a new group of SUCKERS to invest because every day, a new SUCKER IS BORN.

So, if you want to throw your money away on the chance of STRIKING GOLD in a penny stock, GOLD X is a great candidate. However, you would be much better off buying physical gold and silver than wasting your time of worthless penny stocks.

If you are new to the SRSrocco Report, please consider subscribing to my: SRSrocco Report Youtube Channel.

HOW TO SUPPORT THE SRSROCCO REPORT SITE:

llepardllepard
Dec 5, 2019 - 10:14am

Producers with cash flow that

Producers with cash flow that I own: Eldorado, Endeavour, Gran Columbia, Hummingbird, Kinross, K92, Medusa Mining, Pan American, Perseus, Rox Gold, Sandstorm, SSR Mining, Teranga, TMAC, Torex, Victoria, Wesdome. Wheaton Precious Metals. DYODD.

Alex777TF
Dec 5, 2019 - 10:09am

Walmart

Did he come back 10 minutes later and ask her to do it again?

Ps, I have been browsing venture capital stocks on the TSX. I believe Eric Sprott may have an involvement in them? Would it be possible to ask him about them the next time you do the Wrap-up with him?

They are Aftermath Silver Ltd (AAG). I like the ticker reminds of something.

and

Metallic Minerals (MMG)

llepardllepard
Dec 5, 2019 - 10:05am

Drill Stories I like.

The bulk of my fund is in growing cash flow producers. Some at 3-4x cash flow. I will list a few in future threads. They will go up with gold. If you want to speculate. 2-4x or more possible, or losses if they don't work.

My two favorite drill stories are as follows. I own them, medium weightings. Benchmark Metals, BNCH.VC (CYRTF). Lion One Metals, LIO.VC (LOMLF). I think each one is sitting on a very large deposit. DYODD

Visit the FAQ page to learn how to track your last read comment, add images, embed videos, tweets, and animated gifs, and more.

gf
Dec 5, 2019 - 10:00am

KL and FNV

I own both in my IRA, also. 2,520 of KL and 300 of FNV.

Dec 5, 2019 - 9:59am

oh my gosh

How did this guy keep a straight face?

Okay.. now this is funny. ? pic.twitter.com/R0ckJMYl5Q

— Ryan Fournier (@RyanAFournier) December 5, 2019

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