Goldex Resources Corporation (GDX) News

Goldex Resources Corp. Announces Progressive IR Consultants Corp as IR Provider

February 2nd - Vancouver, B.C. Goldex Resources Corp. (GDX:TSX.v) is pleased to announce that it has retained Progressive IR Consultants Corp. (“Progressive”) as an investor relations and corporate communications service provider. Progressive is a Vancouver, BC, Canada based company that has provided marketing and investor relations services for publicly traded companies on the TSX and TSX Venture exchanges since 2006.
Progressive has been retained for a period of one year and will be responsible for building Goldex Resource’s investment audience through the dissemination of corporate data packages, broker presentations, broker communications, mining analyst communications, attending trade shows and handling shareholder enquiries regarding the Company.
Progressive will receive $7,500 (plus HST) per month in remuneration and be reimbursed for all approved expenses. The Company will grant Progressive stock options to acquire 650,000 shares in the capital of the Company with an excise price of $0.10c for 325,000 shares with the remaining 325,000 at $0.15c. The options are granted pursuant to the Company’s Stock Option Plan and will vest in accordance with the provisions therein and the policies of the TSX Venture, which require that options granted to a consultant providing investor relations services must vest in stages over 12 months with no more than one quarter of the options vesting in any three month period.
The agreement and grant of options is subject to TSX Venture approval.

Goldex Resources Commences Drilling at El Arco VANCOUVER, BC - Goldex Resources Corporation
(TSX VENTURE:GDX) (“Goldex” or the “Company”) is pleased to announce that drills have started turning at El Arco for the planned 4000m drill program.
Goldex plans for a continuing 50 hole, 15,000m exploratory drill program at El Arco depending of results of the first phase 4000m RC program. The EL Arco property is located in the Mexican State of Durango which is host to a number of illustrious neighbors and mines including Great Panther Silver, with its ‘Topia’ Property, Oremex Silvers flagship ‘Tejamen’ concession and Fresnillo PLC’s ‘La Cienega’ mine, previously one of the largest producing gold mines in Mexico. Goldex VP of exploration, Larry Kornze, formally the regional manager of Mexico and Central America for Barrick Gold has called EL Arco “The best undrilled property in the Americas” and was part of the geology team responsible for the planning of the upcoming drill program.
The property at El Arco is a low-sulfidation epithermal gold-silver quartz-vein and stockwork system hosted in Tertiary volcanic and shallow intrusive rocks of rhyolite to andesitic composition within the Serria Madre Occidental physiographic province.
The Arco project area is a new discovery and there is no evidence of previous exploration work or prospecting on the concessions. The work completed on the El Arco properties to date includes surface sampling of veins and rock outcrops and geologic mapping. Permit approval to drill at the concession was recently approved by the relevant governmental agencies (see news Release dated November 23rd, 2011) and letters of approval have also been granted by the local ejido for surface access rights to conduct drilling and other exploration activities.
CHUCK ROSS, President GOLDEX RESOURCES CORPORATION

I'm in and have built a nice core and trading block of shares. Here is to the future...

Feels like a printing press jmo

Good volume at open ...

Building a good base for future run-ups but Friday felt like printing machine was hard at work.

Good avg volume on this stock (printing machine?)

Close to 52 week low

Questrade big seller

GDX at .065 today --- good volume stock

Interview with the boss:

http://commoditywatch.podbean.com/2011/04/30/chuck-ross-of-goldex/

Chuck Ross of Goldex

Chuck Ross, President of Goldex Resources Corp (GDX.V), which is is exploring for gold in Guatemala and Mexico, tells us about his company, its projects and his plans as they move forward.

Goldex is about to start drilling out the El Pato project, which has a historic gold deposit of 430,000 oz, with some very promising trench samples nearby, in a region where some large discoveries have been made in recent years.It has a market cap around C$19 million.

no news in awhile maybe something coming !!!!

gdx, looking at volume,think it needs attention !!!!!

GDX, major potential here, long term hold, WAIT TO GET IN, SEE IF IT BEGINS TO INCREASE S/P !!!!! GLTA !!!!!