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$GEMZ News October 19, 2023
IBN Announces Latest Episode of The Bell2Bell Podcast featuring Return of Richard Clowater, President of GEMXX Corp., Discussing Resource Values
https://www.otcmarkets.com/stock/GEMZ/news/IBN-Announces-Latest-Episode-of-The-Bell2Bell-Podcast-featuring-Return-of-Richard-Clowater-President-of-GEMXX-Corp-Discu?id=417924
bids rising going over 10 soon low floater hopefully news soon
its high on my watchlist-- funds are tied up in a couple other positions- hoping for $$ soon.
shares getting absorbed permanently imo l@@k @ chart/+volume, .20 area next
10/13 NEWS GEMXX Corp. (OTC: GEMZ) Makes ‘Eye-Popping Progress’ in Space Recognized for Reliable, Robust Value
Press Release | 10/13/2023
NEW YORK, Oct. 13, 2023 (GLOBE NEWSWIRE) -- NetworkNewsAudio – GEMXX Corp. (OTC: GEMZ) announces the availability of a broadcast titled, “Safety, Stability and Upside in Uncertain Times.”
To hear the AudioPressRelease, please visit: The NetworkNewsAudio News Podcast
To view the full editorial, please visit: https://nnw.fm/UBJ5t
“Gold has proved, over hundreds and even thousands of years, to be a reliable store of value,” stated a recent “U.S. News & World Report” article, which further observed that “whatever events happen, gold has a robust value that stays relatively consistent over time in terms of its purchasing power.” The article notes that gold can compete against other relatively safe investments such as the U.S. dollar and treasuries, but “because the Fed's efforts to combat inflation appear to be working, gold looks increasingly attractive compared to assets like [treasuries].”
With that backdrop, the eye-popping progress made by GEMXX Corp. (OTC: GEMZ) in the past several months may prove to be particularly promising. The company reported a whopping 170% increase in revenues year over year in 2022, has no long-term debt, and is on a tear adding owned assets to the balance sheet.
$GEMZ News! >> GEMXX Corp. (OTC: GEMZ) Explodes Past Startup Phase, Eyes Vertical Integration GlobeNewswire "Press Releases"
NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) -- via InvestorWire GEMXX Corp. (OTC: GEMZ) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 60+ brands within the Dynamic Brand Portfolio@IBN(InvestorBrandNetwork), a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community.
To view the full publication, Safety, Stability and Upside in Uncertain Times please visit: https://nnw.fm/UBJ5t 👈️ Getting the word out 💰️
In volatile economic conditions, smart money seeks stability and moves to safe havens. Historically, one of the safest places and most stable spaces during economic uncertainty is gold, a highly liquid asset that preserves and even increases in value over time and carries no credit risk. The precious metal benefits from multiple levers of demand such as gold jewelry, tech/industrial use and a reserve asset as well as a strategic investment. History has shown that golds variable demand pressures enhance a portfolio by improving diversification, providing liquidity and delivering long-term returns.
Reacting to uncertainties, many gold mining companies, including GEMXX Corp. (OTC: GEMZ) have enjoyed significant growth during the recent volatility. Exploding past startup phase and achieving global growth in mere months, GEMXX is fast approaching a holy grail that differentiates GEMXX from all others in the gold space a vertically integrated mining company a unique mine-to-market enterprise that specializes in gold and gemstone mining as well as jewelry creation, production and global sales.
About GEMXX Corporation
GEMXXCorporation is a publicly traded, mine-to-market gemstone, gold and jewelry producer with global reach that owns mining resources, production facilities and operating assets. GEMXX controls each stage of its production including gold mining, gemstone production, jewelry manufacturing and globaldistribution. GEMXX is a producer of top-quality finished ammolite and ammolite jewelry. The company's world-class gemstone cutters and jewelry designers are continuously leading the ammolite industry in new and exciting directions. The company's management team is made up of the industry's leading experts with a combined total of 160 years of ammolite gemstone and jewelry business experience. For more information about this company, please visit www.GEMXX.com.
NOTE TO INVESTORS: The latest news and updates relating to GEMZ are available in the company's newsroom at https://ibn.fm/GEMZ
About NetworkNewsWire
NetworkNewsWire(NNW) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands withintheDynamic Brand Portfolio@IBNthat delivers:(1) access to a vast network of wire solutions viaInvestorWireto efficiently and effectively reach a myriad of target markets, demographics and diverse industries;(2) article andeditorial syndication to 5,000+ outlets;(3) press release enhancementto ensure maximum impact;(4)social media distributionvia IBN to millions of social media followers;and (5) a full array of tailoredcorporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in todays market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: https://www.NetworkNewsWire.com/Disclaimer
NetworkNewsWire New York, NY www.NetworkNewsWire.com 212.418.1217 Office Editor@NetworkNewsWire.com
NetworkNewsWire is powered byIBN
Read the preferred share conversion structure in the last filing. This is nothing but a never ending dillution scam in the early stages. Only 2 preferred shares are issued at the moment. They can issue up to 25 million. This is the conversion to common shares language from the last filing:
Conversion Right: Each holder of Preferred Stock may, from time to time, convert any or all of such holder's shares
of Preferred Stock into fully paid and non-assessable shares of Common Stock, for each Preferred Stock, in an
amount equal to one times the sum of (i) the total number of shares of Common Stock which are issued and
outstanding at the time of conversion plus (ii) the total number of shares of any other series of Preferred Stock which
are issued and outstanding at the time of conversion.
yep, uh huh, yes indeed, right on, smoke one up, tripping- (I wish), haven't had a lsd trip in 37 years now....lol
🎯 Target 👉️ $1.41
sellers remorse going to pow THAT SELLER (s) TODAY & YESTERDAY stupid retail smack sell imo
GEMZ NEWS! >> GEMXX Engages Aurora Geosciences to Verify Resource Volume and Boost Asset Value
GlobeNewswire "Press Releases"
LAS VEGAS , Oct. 03, 2023 (GLOBE NEWSWIRE) -- via IBN -- GEMXX Corporation (OTC: GEMZ) ("GEMXX" or the "Company"), a leader in the Ammolite gemstone mine-to-market segment and a 50% partner in Canadian gold exploration company Crazy Horse Mining, Inc. (CHMI or Crazy Horse), have engaged Aurora Geosciences to complete S-K 1300 technical reports on four assets already owned by the companies.
Two of the Companys gold reserves and two of its largest Ammolite gemstone claims are not yet confirmed by an engineer report, as such they are not included on the company's balance sheet. These assets are owned and operated by the Company, but no value has been recorded for the resources they contain.
To report confidently and accurately inferred mineral resources already owned but not represented on the balance sheet, the Company has engaged Aurora Geosciences to conduct surveys of each property. Aurora Geosciences specializes in producing independent third-party S-K 1300 technical reports and is qualified to confirm the resources present on the properties owned by the Company. Once the resources are confirmed and a value is calculated, the value will be discounted by 90% and that discounted value will be added to the balance sheet to represent the Net Present Value of resources before extraction.
Richard Clowater , GEMXX Corp. president, said: Management feels GEMZ is significantly undervalued. As of Q3, 2023, the company only reported $14.1 million for owned resources, but this value is only a fraction of what the company owns. We feel the Net Present Value could exceed ten times that amount once resources are confirmed by an independent expert.
GOLD: In partnership with CHMI, Snow Creek gold mine has exceeded all gold production expectations during the 2023 mining season. Snow Creek and its neighbor property Rosella Creek will soon appear on the Companys balance sheet after the inferred value of the propertys gold has been confirmed by Aurora Geosciences. To see more information on these two properties click here: Press release dated 03/15/2023 .
We are extremely pleased with commercial production from the Snow Creek gold mine thus far. We knew the gold was there after conducting an extensive testing program in 2022 and this seasons mining production confirmed our initial assessment. The active mine on Snow Creek site proves the gold is present, but the engineers report will accurately confirm how much gold could be on the two properties, allowing us to value the properties and add them to the balance sheet at a 90% discount, said Crazy Horse President Ian McClintock .
AMMOLITE GEMSTONE: Exploration is always an ongoing part of GEMXX operations; the Company recently acquired an additional 217 acres (Southern Claims) of Ammolite gem-bearing property in Southern Alberta, Canada . To date three core samples have been drilled on the Southern Claims, proving the existence of two very large gem-bearing shale formations. The resources on these two properties are not yet confirmed by an independent engineers report, as such the resources in the ground do not appear on the balance sheet.
Our team has mined Ammolite in this area for decades. We are confident that our Southern Claims will produce some of the best Ammolite gemstone in the world. We look forward to working with Aurora Geosciences to prove the resources present on these two great properties. We anticipate the report will confirm our estimates and we look forward to increasing shareholder value by representing these owned assets on the balance sheet, said Jay Maull , GEMXX Corp. CEO.
About Aurora Geosciences
Aurora Geosciences Ltd. (Aurora) provides professional geological and geophysical consulting and reporting services to clients working in North America. Based in Yellowknife, Northwest Territories , Aurora has specialized in the mineral deposits of Canadas North for more than 45 years and has built a reputation for applying an innovative and systematic approach to mineral deposit discovery.
About Crazy Horse Mining Inc.
Crazy Horse Mining Inc. (CHMI) is a Canadian Junior resource company with mining properties in British Columbia, Canada . CHMIs 498-acre Snow Creek claim is located adjacent to the infamous Christies Lead gold deposit, which in 1876 was described as the richest piece of ground in the Cassier gold fields. The 240-acre Rosella Creek property has had limited exploration work completed to date; however, it is reported the adjacent property produces 200+ ounces per season with a small single-operator operation. CHMI is looking forward to doing further testing on the Rosella Creek property during the 2023 season.
About GEMXX Corporation
GEMXXCorporation is a publicly traded, mine-to-market gold, gemstone and jewelry producer with global reach that owns mining resources, production facilities and operating assets. GEMXX controls each stage of its production including gold mining, gemstone production, jewelry manufacturing and globaldistribution.
GEMXX is a leading producer oftop-quality finished ammolite and ammolite jewelry.The Companys world-classgemstone cutters and jewelrydesigners arecontinuously leading the Ammolite industry in new and exciting directions. Our management team is made up of the industry's leading experts with a combined total of 160 years of Ammolite gemstone and jewelry business experience.
For more information, please visit: GEMXX Corporation
Follow GEMXX on Twitter
gemz ouch ! lol but all in! hope yur day was relaxing & not a thorn in yur foot.
Gold prices are setting new session lows after the latest data on the U.S. manufacturing sector showed it improved beyond expectations, but still contracted for the eleventh consecutive month. GEMZ HAS INSANE ASSETS, imo
once those sell gtc's get taken out @ .20, buy stops (shorts) trigger. Let the excitement begin, iMo >.<
good morning, thin up to .20-.35 gtc's sitting up there. we were @ .20 before
right on. worried about usa dollar, oh boy.
Gold going to $10,000 a ounce and Silver will be $1,500 an ounce it's already updated on the debt clock.
reason being, imo, the economy might completely fall apart unless SOMEONE INJECTS CAPITAL INTO CRUMBLING CA NY IL MARYLAND, ....etc...these states are losing major major major revenue. S&P credit ratings might make historical lows in the near future, down grading USA TO JUNK status. Commodities might super roar, imo. I predict gold to tap 5K within 24-36 months.
premonitions tell me $10 pps next year.
$GEMZ @ 10¢ needs 40¢ see this 👇️
GEMZ Investors
Gems & Gold
"this will tank" those shares will be confiscated by low balling insiders & investors!
there are also 80 mil shares that are restricted but becoming unrestricted. as that happens, this will tank on the low float as it begins to bloat from those shares entering the market.
Be Careful, GEMZ was BRNW, $0.0001, a Notorious Scam. LOL.
Symbol Change 05/27/2021 GEMZ Symbol change from BRNWD to GEMZ
https://www.otcmarkets.com/stock/GEMZ/security
12 break coming, SmokeSignals! $GEMZ
yep, going to roar...
Let’s see .10 break
blood bath economy pressing a depression USA LOADED WITH ZOMBIES AND ILLITERATE SICKNESS ACCUMULATING RAPIDLY FOR COMMODITY RELATED STOCKS LIKE GEMZ.
GEMZ is taking NPV(10%) of their North Block Ammolite Proven Reserves ($131 million) and counting that ($13.1 million) as an asset on the Balance Sheet. Once they finalize the LOI for the Yukon Gold Project I guess they can take NPV(10%) of those Proven Reserves ($4.4 billion) and include it on the Balance Sheet as a huge asset of $440 million?!
That would boost our Total Assets to approx $460 million minus the Total Liabilities of approx $2M would equate to Stockholders' Equity of $ $458M / 100M OS = SH Equity per share of $4.58...then we need to add the "liability" (in Preferred, Common Stock, Note, or Cash?) of the acquisition of The Yukon Project. Might have to cut that $4.58 in half as the LOI is for a 50% stake of The Yukon Gold Project......$2.29, about a 30 bagger from here 8¢... 😎
GEMZ News
NOTE: Only $13.1M (NPV) of the North Block asset is currently shown on the Balance Sheet.
GEMZ Investor Presentation
$GEMZ
PoW ! nice job! i see ! it's going to blow it's lid! next few weeks! imo
"This property has a minimum of 2,200,000 ounces of Gold per NI43-101 and other engineer and geologist reports."
2.2 million ounces of Yukon Gold x $2,000 per ounce = $4.4 billion. Proven. Reserves.
Plus $131M North Block Ammolite (see table below). Note: Only $13.1M shown on Balance Sheet.
GEMZ News
GEMZ Investor Presentation
factual evidence for hondaTaco.
.08 x .0935. Let's get into double digits, 10+. $GEMZ
🤡 They have revenue and are turning a profit. $GEMZ
GEMZ was BRNW, $0.0001, LOL.
Symbol Change 05/27/2021 GEMZ Symbol change from BRNWD to GEMZ
https://www.otcmarkets.com/stock/GEMZ/security
With only $27k ash and no revenue, Just think How it will survive !
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GEMXX Corporation is a publicly traded, gold, gemstone and jewelry producer with global reach that owns mining resources, production facilities, and operating assets.
HEAD OFFICES
2300 West Sahara Avenue, Suite 800, Las Vegas, NV 89102
828 8/F, Block B, Focal Ind. Center. Kowloon, Hong Kong SAR
Contact Us at mail@gemxx.com
INVESTOR RELATIONS
Link here: You've been invited to invest in GEMXX Corporation $GEMZ
OPERATIONS
GEMXX is focused on identifying and developing North American resources including high-margin gold and gemstone deposits. The company owns a 50% stake in over 738 acres of proven gold-producing ground located in Northern British Columbia, Canada. After 2023 test mining produced 300 ounces of gold, the property is estimated to hold over 150,000 ounces of easily recoverable gold. The gemstone resources of the company are situated within three distinct blocks in Southern Alberta, Canada. Resource experts from Sproule Associates Limited were commissioned to prepare an NI 43-101 Resource Report. So far, Sproule has identified over 9,700 concretions containing gemstones on the Northern Block. To date, the company has also conducted three core samples on the southern properties, successfully confirming the presence of two shale formations that contain gemstones. Continual exploration is a fundamental aspect of GEMXX's operations, which is why the company recently announced the intention to acquire gold properties in the Yukon with an estimated 4 million ounces of gold and earlier completed the acquisition of an additional 217 acres of gem-bearing land in Southern Alberta, Canada.
GOLD
GEMXX has recently acquired a 50% stake in Crazy Horse Mining Inc. ("CHMI"), including its mineral assets located in British Columbia, Canada. CHMI's primary Canadian gold exploration assets consist of the Snow Creek and Rosella Creek projects, along with additional mining claim options in British Columbia. The Snow Creek project spans 498 acres, with approximately 80% of the area considered mineable, while the Rosella Creek project covers 240 acres, with an estimated 90% being mineable.
In relation to the Snow Creek project, three initial test runs involving 100 cubic yards each have been completed, yielding respective results of 1.07, 1.08, and 1.12 ounces. The project holds well-defined mineral resources, featuring a 0.94:1 ratio of overburden to pay ore.
Crazy Horse Mining Inc. is a Canadian Junior resource company that possesses mining properties in British Columbia, Canada. CHMI's Snow Creek claim, covering 498 acres, is situated adjacent to the renowned Christie's Lead gold deposit, which was described as "the richest piece of ground in the Cassier gold fields" back in 1876. As for the 240-acre Rosella Creek property, limited exploration work has been conducted thus far, but it is reported that the neighboring property generates over 200 ounces per season through a small single-operator operation. CHMI intends to conduct further testing on the Rosella Creek property during the 2023 season.
"The acquisition of the Snow Creek and Rosella Creek gold asset portfolio strengthens the Company's long-term asset expansion plan and mitigates revenue risks. Moreover, it complements our Ammolite production with the world's most sought-after commodity. This will significantly reduce the cost of goods for our entire gold jewelry product line and bring us closer to our goal of vertical integration," stated Jay Maull, GEMXX's Chief Executive Officer. Mr. Maull further added, "To date, we have drilled 33 test holes and conducted three separate bulk tests involving 100 cubic yards each. Based on our initial assessments, there are indications that the properties could potentially yield over 150,000 ounces of easily recoverable gold. This will be confirmed by an S-K 1300 compliant Resource Report expected to be released this summer."
In September GEMXX announced it had entered into a binding Letter of Intent to acquire an initial 50% stake in the Yukon Gold Project, pending the conclusion of due diligence and verification of the considerable exploration work already completed on the property and the assessments quantifying the proven and potential reserves of 4 million ounces of gold being present on the property.
In addition to the 800 acres already held in the Company's resource portfolio, GEMXX has recently acquired an extra 217 acres of gem-bearing property in Alberta, Canada. These Southern Blocks represent two valuable assets with high-grade deposits, low operating costs, and long lifespans.
As of now, three core samples have been extracted from the southern properties, confirming the presence of two formations containing gem-bearing shale. The initial core samples, combined with the management's extensive knowledge of historic mines in neighboring areas, instill confidence that this site has the potential to be one of the world's premier Ammolite mines.
Developing the Southern Blocks will serve as a growth platform for GEMXX in both new and established markets, enabling the company to meet the global demand for its products. This site alone positions GEMXX to become a significant and scalable Ammolite producer, with an estimated production lifespan of 50 years.
Further exploration on these two southern blocks will involve the implementation of test pits and trenching to evaluate the gemstone recovery rate per cubic yard of gem-bearing shale. The two shale formations, referred to as 3B and Zone 4, are known for their distinctive characteristics. Zone 3B is recognized for yielding gem-quality Ammonites and free-form Ammolite gemstones, while Zone 4 is known to produce the highest-grade Ammolite gemstones and Collector Ammonite fossils found anywhere in the world.
Upon completion of the National Instrument 43-101 report on the Company's Southern Blocks, Management anticipates a substantial three-fold increase (3x) in the Net Present Value (NPV) of the Company's assets. GEMXX remains committed to expansion across multiple markets and aims to own or control every step of the production process.
GEMXX is building a unique global Gold and Gemstone exchange and making exceptional progress in the industry. We have people from a variety of academic and professional backgrounds on our team, including business professionals, financial experts, jewelry designers, marketing and sales specialists, engineers, and various trades.
$GEMZ - COMPANY PRESS RELEASES
DISCLAIMER:
Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions.
There is no express or implied solicitation to buy or sell securities.
The author(s) may have positions in the stocks or financial relationships with the company or companies discussed and may trade in the stocks mentioned.
Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only.
No stock exchange has approved or disapproved of the information here.
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