{"id":3458,"date":"2024-01-06T20:40:00","date_gmt":"2024-01-07T00:40:00","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=3458"},"modified":"2025-09-15T06:21:41","modified_gmt":"2025-09-15T10:21:41","slug":"almadex-minerals-tsxv-dex-possible-event-driven-stock","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/almadex-minerals-tsxv-dex-possible-event-driven-stock\/","title":{"rendered":"Almadex Minerals (TSXV: DEX): Possible &#8220;Event Driven&#8221; Stock"},"content":{"rendered":"\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\"><strong>Almadex Minerals (TSXV: DEX) <span style=\"color:#2980b9;\">predecessor<\/span> <\/strong>company<strong> Almaden Minerals (TSX: AMM)<\/strong> is trying to <span style=\"color:#e74c3c;\"><strong>not<\/strong><\/span> have its <strong>mining claims<\/strong> for the <strong>Ixtaca Gold-Silver Deposit <span style=\"color:#e74c3c;\">stolen<\/span><\/strong> by the <strong>Mexican government<\/strong> under <strong>Mexico&#39;s <span style=\"color:#27ae60;\">newly passed<\/span> <span style=\"color:#e74c3c;\">unfair<\/span> mining legislation<\/strong>. <strong>AMM<\/strong> in December <span style=\"color:#27ae60;\"><strong>delivered<\/strong><\/span> to <strong>Mexico<\/strong> a <strong>Request for Consultations<\/strong> in accordance with the <strong>Comprehensive and Progressive Agreement for Trans-Pacific Partnership<\/strong> relating to an <strong><span style=\"color:#27ae60;\">investment<\/span> <span style=\"color:#e74c3c;\">dispute<\/span><\/strong> with <strong>Mexico<\/strong>. The filing of the <strong>Request for Consultations<\/strong> <span style=\"color:#2980b9;\"><strong>initiates a six-month consultation period<\/strong><\/span> between the parties, during which they are to <span style=\"color:#2980b9;\"><strong>attempt to amicably settle<\/strong><\/span> the <span style=\"color:#e74c3c;\"><strong>dispute<\/strong><\/span>. If <strong><span style=\"color:#e74c3c;\">no<\/span> <span style=\"color:#27ae60;\">settlement<\/span><\/strong> is reached in that six-month period, <strong>AMM<\/strong> may then <strong><span style=\"color:#27ae60;\">initiate<\/span> international arbitration proceedings <span style=\"color:#e74c3c;\">against<\/span> Mexico<\/strong> in <span style=\"display: none;\"> <\/span>accordance with the <strong>CPTPP<\/strong> after <span style=\"color:#27ae60;\"><strong>serving<\/strong><\/span> a <strong>notice of intent<\/strong> to <strong><span style=\"color:#27ae60;\">submit<\/span> claims<\/strong> to <strong>arbitration<\/strong>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\"><strong>AMM&#39;s Ixtaca Gold-Silver Deposit<\/strong> contains a <span style=\"color:#27ae60;\"><strong>proven &amp; probable reserve<\/strong><\/span> of <span style=\"color:#f1c40f;\"><strong>1.387 million oz of gold<\/strong><\/span> grading <span style=\"color:#f1c40f;\"><strong>0.59 g\/t<\/strong><\/span> and <span style=\"color:#7f8c8d;\"><strong>85.159 million oz of silver<\/strong><\/span> grading <span style=\"color:#7f8c8d;\"><strong>36.3 g\/t silver<\/strong><\/span>. A <span style=\"color:#27ae60;\"><strong>favorable settlement<\/strong><\/span> in the <span style=\"color:#2980b9;\"><strong>first half<\/strong><\/span> of <strong>2024<\/strong> would cause both <strong>AMM<\/strong> and <strong>DEX<\/strong> to <span style=\"color:#27ae60;\"><strong>make massive gains<\/strong><\/span>, because <strong>DEX <span style=\"color:#27ae60;\">owns a 2.0% NSR royalty<\/span><\/strong> in <strong>Ixtaca<\/strong>. <strong>DEX<\/strong> is currently receiving <span style=\"color:#e74c3c;\"><strong>zero<\/strong><\/span> value for any of its <span style=\"color:#27ae60;\"><strong>15 royalties<\/strong><\/span>, but NIA estimates that a <span style=\"color:#27ae60;\"><strong>favorable resolution<\/strong><\/span> in <strong>Mexico<\/strong> would immediately value <strong>DEX&#39;s <\/strong><span style=\"color:#27ae60;\"><strong>2.0% NSR royalty<\/strong><\/span> in <strong>Ixtaca <\/strong>at <span style=\"color:#27ae60;\"><strong>CAD$40 million<\/strong><\/span>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\">The <span style=\"color:#27ae60;\"><strong>most important<\/strong><\/span> thing to know about <strong>DEX<\/strong> is that the company is <span style=\"color:#e74c3c;\"><strong>unlikely<\/strong><\/span> to ever <strong><span style=\"color:#e74c3c;\">dilute<\/span><\/strong> in the future. As soon as <strong>DEX <span style=\"color:#27ae60;\">makes a significant discovery<\/span><\/strong> at one of the <strong><span style=\"color:#27ae60;\">many<\/span> properties<\/strong> it is about to drill in <strong>Nevada<\/strong>, <strong>Arizona<\/strong>, and <strong>New Mexico<\/strong>, <strong>DEX<\/strong> could <span style=\"color:#27ae60;\"><strong>immediately rise<\/strong><\/span> to <strong>$1+ per share<\/strong> on <span style=\"color:#e74c3c;\"><strong>not<\/strong><\/span> <span style=\"color:#27ae60;\"><strong>a lot<\/strong><\/span> of <strong>volume<\/strong> because its <strong>shares<\/strong> are <span style=\"color:#e74c3c;\"><strong>tightly held<\/strong><\/span>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\">The <strong>Ixtaca Gold-Silver Deposit <\/strong>in <strong>Mexico<\/strong> is one of <span style=\"color:#27ae60;\"><strong>many significant discoveries<\/strong><\/span> that <strong>DEX management<\/strong> has made in the past. For the first time in history, <strong>DEX management<\/strong> is <strong><span style=\"color:#27ae60;\">focused on<\/span> <\/strong>the<strong> <span style=\"color:#2980b9;\">world&#39;s<\/span> <span style=\"color:#27ae60;\">best<\/span> mining jurisdictions<\/strong> in America.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\"><strong>DEX<\/strong> <strong><span style=\"color:#27ae60;\">owns<\/span> six diamond core drill rigs<\/strong> so not only is it <font color=\"#27ae60\"><b>cost-effective <\/b><\/font>for <strong>DEX<\/strong> to do <span style=\"color:#27ae60;\"><strong>drilling<\/strong><\/span> on its <strong>properties<\/strong>, but <strong>DEX <span style=\"color:#27ae60;\">earns<\/span> revenue\/<span style=\"color:#27ae60;\">cash flow<\/span><\/strong> by acting as a <strong>drilling contractor<\/strong> for other companies that need <strong>diamond drilling<\/strong> done on their properties! <strong>DEX&#39;s drilling contracts<\/strong> and <span style=\"color:#27ae60;\"><strong>interest earned<\/strong><\/span> on its <span style=\"color:#27ae60;\"><strong>massive cash position<\/strong><\/span> allowed the company to <span style=\"color:#27ae60;\"><strong>generate $1.08 million<\/strong><\/span> in <span style=\"color:#27ae60;\"><strong>positive free cash flow<\/strong><\/span> last quarter!<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\"><em>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":"<p>Almadex Minerals (TSXV: DEX) predecessor company Almaden Minerals (TSX: AMM) is trying to not have its mining claims for the Ixtaca Gold-Silver Deposit stolen by the Mexican government under Mexico&#39;s newly passed unfair mining legislation. AMM in December delivered to Mexico a Request for Consultations in accordance with the Comprehensive and Progressive Agreement for Trans-Pacific [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3459,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[179,115,9,26,17],"class_list":["post-3458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-amm","tag-dex","tag-gold","tag-politics","tag-silver"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3458","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=3458"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3458\/revisions"}],"predecessor-version":[{"id":3460,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3458\/revisions\/3460"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/3459"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=3458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=3458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=3458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}