Mexican Election on June 2nd

The Mexican election is on June 2nd and just getting the election over with regardless of who wins will be extremely bullish for Mexican gold/silver/copper exploration stocks.

Almadex Minerals (TSXV: DEX) owns royalties in the El Cobre gold/copper deposit and Ixtaca gold/silver deposit. These are two of the most valuable mineral deposits in all of Mexico.

DEX is receiving zero value for these royalties. DEX is currently trading for below its cash position of $0.28 per share.

If the legal situation regarding these two deposits gets resolved after the election, DEX goes straight to $2-$3 per share.

Even if the legal situation isn't resolved, DEX will announce drilling programs soon in both Arizona and Nevada targeting new gold/copper porphyry discoveries similar to El Cobre. On the news of their drilling programs in Arizona and Nevada alone, DEX will rise to $0.50+ per share.

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