{"id":1489,"date":"2024-05-05T09:25:00","date_gmt":"2024-05-05T13:25:00","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=1489"},"modified":"2025-09-15T06:34:17","modified_gmt":"2025-09-15T10:34:17","slug":"dex-has-shortage-of-shares","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/dex-has-shortage-of-shares\/","title":{"rendered":"DEX\u00a0Has Shortage of Shares"},"content":{"rendered":"\n

Almadex Minerals (TSXV: DEX)<\/strong> has a shortage<\/strong><\/span> of shares<\/strong> because their massive cash position<\/strong><\/span> came from the sale of one of its many royalties<\/strong><\/span> and they aren’t<\/strong><\/span> going to ever dilute<\/strong><\/span> by issuing any new shares.<\/span><\/span><\/p>\n\n

DEX<\/strong> is preparing for drill programs<\/strong> at both its 100% owned<\/span> New Hope Porphyry Copper<\/span> Project<\/strong> in Arizona and also the Arena Hill Zone<\/strong> at its 100% owned<\/span> Paradise Project<\/strong> in Nevada where DEX<\/strong> has discovered<\/strong><\/span> a 1.2 km x 700 m<\/strong> area of high-temperature<\/strong><\/span> porphyry lithocap alteration<\/strong><\/span>. Spectral imaging at DEX’s Arena Hill Zone<\/strong> show clear alteration vectors and temperature gradients that could be fluid routes leading to porphyry mineralization<\/strong><\/span> at depth.<\/span><\/span><\/p>\n\n

DEX<\/strong> doesn’t care about making discoveries of small<\/span> veins<\/strong> of gold<\/span>\/silver<\/span><\/strong>. They are going after massive<\/span> Porphyry Copper<\/span>–Gold<\/span> Deposits<\/strong>.<\/span><\/span><\/p>\n\n

DEX’s Arena Hill Zone<\/strong> at its Paradise Project<\/strong> is 5 miles northeast of the abandoned Paradise Peak gold mine<\/span><\/strong>, which produced<\/span> 24.1 MOz of silver<\/span><\/strong> and 1.6 MOz of gold<\/strong><\/span>.<\/span><\/span><\/p>\n\n

At Paradise Peak,<\/strong> gold-rich<\/span> porphyry copper alteration<\/span><\/strong> and mineralization<\/strong><\/span> were found beneath the high sulfur ore, defining this deposit as a classic porphyry lithocap<\/strong><\/span>.<\/span><\/span><\/p>\n\n

DEX’s Paradise Project geology resembles<\/span> Paradise Peak<\/strong>, with a sizable<\/strong><\/span>, preserved <\/strong><\/span>porphyry lithocap<\/strong><\/span> and the possibility of high sulphuration and porphyry copper<\/span>–gold<\/span> mineralization<\/strong>.<\/span><\/span><\/p>\n\n

DEX<\/strong> is trading for below<\/strong><\/span> its cash position<\/strong><\/span>, and it owns its own<\/span> drills <\/strong>so it will cost<\/strong><\/span> them very little<\/strong><\/span> to drill these properties.<\/span><\/span><\/p>\n\n

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.<\/em><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Almadex Minerals (TSXV: DEX) has a shortage of shares because their massive cash position came from the sale of one of its many royalties and they aren’t going to ever dilute by issuing any new shares. DEX is preparing for drill programs at both its 100% owned New Hope Porphyry Copper Project in Arizona and […]<\/p>\n","protected":false},"author":1,"featured_media":1490,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[48,115,9,17],"class_list":["post-1489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-copper","tag-dex","tag-gold","tag-silver"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/1489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=1489"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/1489\/revisions"}],"predecessor-version":[{"id":1491,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/1489\/revisions\/1491"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/1490"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=1489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=1489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=1489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}