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Silver X Mining Corp (AGXPF)

OTC Markets
Symbol
Exchange
Currency
AGXTSXVCAD
AGXPFOTC MarketsUSD
Currency in USD
Disclaimer
0.1608
+0.0058(+3.76%)
Closed

AGXPF Comments

Go Silver X. Best silver play with a CF component out there. This can be a 5x in year I they continue to deliver what they are doing now. I am impressed. Didn’t believe they can do it. I think everyone expected them to fail but seem they are proofing us wrong.
I love that they keep adding value by doing solid exploration work. I believe the value of a company with such big resource, further exploration upside and cash flow is misunderstood. From an investors point of view, it delivers all one could ask for. And now structurally controlled Au values. This is amazing. That will add to the bottom line and help to clean up the financials. Nice photo of the sample. Looks amazing. The added gold will improve the performance of this company and the grades shown are not too shabby! https://www.accesswire.com/709061/Silver-X-Delineates-Structurally-Controlled-Gold-Mineralization-Within-the-Tangana-Mining-Unit-of-the-Nueva-Recuperada-Project-Peru
With $0.38 EV/Oz Silver X trades substantially below the average peer group, which is 1.33. Silver X Mining gets a strong buy recomdation by Fundamental research with a target price close to 1$.
Great to see that $AGX still remains as a Top Pick for Q322 at Echelon's list and that they are strongly positive on the company's growth potential. With ~3x increase to its silver equivalent resources with which to build future company growth on. Looking forward to the initial PEA outlining production and additional growth potential expected in Q322, further de-risking the Nueva Recuperada Project.
There have been rumors about a capital increase and I believe AGX is suffering from this. The CEO however mentioned in a few videos that there won’t be a capital increase. I honestly believe they will not raise money. With production and CF they will likely get money by any trader or even conventional debt with no dilution.
In only one year they doubled up the resource at Nueva Recuperada. This district will provide sufficient opportunities to achieve good organic growth in the next 5 years. Great news. Again the CEO delivered on what he said he will do. This is impressive.
Nueva Recuperada, a fully permitted mine with plant (720tpd) that is already in production. Replacement value for mine and plant must be at least 50 - 70m. The resource is 180m Oz. Ag/Equivalent. Resources of that size and quality are valued between 0.5 - 1$ per Oz. What excited me the most is they just doubled up the resource with more exploration to come.  They have delivered on everything so far and are trading at only 30m market cap.
Highlights of Silver X's Tangana Project Keen on seeing the resource upgrade they have been talking about. They are in an amazing district and managed to consolidate over 20k hectares of ground. This is one of those companies that will constantly upgrade their resources for many years to come. I would not be surprised if they get to a few hundred million Oz in a few years.
One of the most underestimated junior mining companies. Great numbers in April. 43-101 in month of May is stated in their last released report.
I love how passionate are these guys for their ESG even tough they are just a junior one.
I heard they are coming up with a new NI43-101. Does anyone know more?
Silver X Mining Announces Shares for Debt Transaction with Baker Steel. The ceo will be the second largest shareholder after an institutional investor. Perfect set up in my opinion.
Exploration potential and a clear path to production Strong volumes are always good for investors, especially in a bull market. It seem AGX has above average volumes for a silver developer. Over 250k per day consistently. That’s pretty good. Seems the upswing has started for junior miners
Results of the underground resource expansion and diamond drilling at Tangana Mining Unit in Peru include 148.89 AgEq over 11.5 m in TN-2022-015 including 371.99 g/t AgEq over 1.5 m and 244.2 g/t AgEq over 2.76 m. Resource expansion and further drilling I believe will be key catalysts for this stock.
Silver X Completes Plant Upgrade to 720 TPD and Continues Production Ramp-Up as they said they will in Q1. “Mine development production is consistently reporting high grades, including a good gold content. This presence of gold is as expected following the discovery of gold in the Tangana Mining Unit during our Q4 2021 channel sampling program and our recent in-mine underground resource development drilling . It is very encouraging to see our team’s exploration results very quickly translate to mining revenue. During 2022, our plant should process very good tonnages and grades. Exploration activity to date has been successful, and we expect to file new technical reports with updated mineral resources at least twice this year, commencing in the second quarter.” Great year for this company ahead!
Silver X put out some positive news about their exploration program. It looks like they will really expand the project into a considerably larger district size asset. We will have to see what the rest of the planned program delivers.
I am following Silver X Mining since last year. I think the market hasn't seen the real potential for it yet. Both Echelon and Red Cloud have given it a $1 target price and it is trading around a third. Here is a part from Financial post''s article sharing part of their 2022 plans:" Exploration and further development opportunities on the horizon in 2022In 2022 Silver X will focus on expanding production at Tangana. It will be prioritizing underground mine development and resource expansion. The goal will be to mine Tangana’s extensive system of silver-polymetallic veins to provide feed for the plant.Tim Lee, analyst for Red Cloud Securities, notes that “with a plan to expand its centrally located mill, Silver X is poised to rapidly bring more past-producing mines and newly discovered veins into production.”That includes not just Tangana, but the nearby Cauca target and the past-producing Esperanza project. While Silver X completes another 9,000 metres of underground workings to exploit multiple veins at Tangana, it will also complete 15,000 metres of resource expansion, resource upgrading and exploration drilling on Nueva Recuperada as a whole.As part of that effort, Silver X plans to have an NI 43-101 compliant resource estimate for the project in Q2 2022 and a preliminary economic assessment in Q3 2022."https: //financialpost. com/business-trends /why-do-investors-have-their-eyes-on-this-high-growth-silver-producer
The CEO has just bought another 50k shares in the market. Insider buying is a good indicator for good news or even a re-rating coming up. Good time to follow. Definitely a buy!
There are a lot of milestones to be achieved this year for Silver X. I am keeping it on my radar.This is Jose Garcia, CEO and Director of Silver X presenting a company update at the Red Cloud 2022 Pre-PDAC Mining Showcasehttps:// www.youtube.com / watch?v=qyhhG18an0g
VANCOUVER, BC / ACCESSWIRE / March 15, 2022 / SILVER X MINING CORP. (TSX-V:AGX)(OTCQB:AGXPF) ("Silver X" or the "Company") announced on November 8th, 2021 that its common shares had been approved for trading on the OTCQB Venture Market (the "OTCQB"), operated by the OTC Markets Group, New York (the "OTC"). The Company has now received OTC approval to begin trading under its new symbol AGXPF at tomorrow's market open, March 16th, 2022.The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol AGX and on the Frankfurt Stock Exchange under the symbol WPZ.The OTCQB is the premier venture marketplace for entrepreneurial and developing US and international companies that are committed to providing a high-quality trading experience and information for their US investors. To be eligible, Companies must meet specified financial standards, including be current in their financing reporting, follow best practice corporate governance, have a qualified third-party sponsor introduction, demonstrate compliance with U.S. securities laws, and undergo an annual verification and management certification process.The OTCQB is recognized by the Securities and Exchange Commission as an established public market and provides current public information to investors that need to analyze, value, and trade securities. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company.
Silver X OTCQB Symbol Changes to AGXPFhttps:// www.accesswire.com/ 693236/ Silver-X-OTCQB- Symbol-Changes-to-AGXPF$AGX $AGXPF
Found a short article with information on the production expansions from the recent SEIA developments. Further approvals re:SEIA are expected in 2023. Silver X is targeting a promising goal producing 5M ounces by 2024.
In 2021, Silver X processed 130,000 tonnes of its 7.3 million ton resource base, and José M. Garcia, CEO of Silver X, says the company is looking to double that in 2022. Check out their presentation on their website.#agx
Drill results from the already operating mine in Tangana with almost 1kg. silver. This is impressive. Widthx grades = 1.280. Company to follow.
Heard of this company from Brien Lundin. What do you think of it and which are your top 2022 picks?
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