LAS VEGAS — GEMXX Corporation (“GEMXX” or the “Company”), a prominent provider of exquisite gemstone jewelry and a mine-to-market gold producer, foresees significant growth in the next 24 months. The Company strategically positions itself to leverage the escalating demand for ammolite jewelry and the sustained upward trajectory in gold prices.
Ammolite
Following its designation as the official gemstone of Canada, ammolite has swiftly garnered global recognition as a rare gemstone, admired for its unique history and vibrant colors. The gemstone’s limited availability and rich hues make it a coveted possession. GEMXX has witnessed a surge in demand across India and Asia, attracting a discerning clientele seeking exclusive and collectible pieces.
Gold
GEMXX Corporation’s foray into gold mining in Canada marks a valuable addition to the Company’s portfolio. Gold significantly bolsters the Company’s “Mine-to-Market” business model in three fundamental elements crucial for long-term sustainable profitability:
First, by mining its own gold for jewelry production, the Company can reduce raw material costs by approximately 60%, resulting in not only lower production costs but also higher and more predictable profit margins.
Second, effective mining allows GEMXX to build reserves for future funding needs, mitigating the necessity for dilutive fundraising through stock issuance or debt acquisition.
Third, investors gain access to a stock tied to precious metals and gemstones. With the current gold price hovering around USD $2,000 per ounce, the Company anticipates favorable prospects, projecting further highs in the next 24 months. As global economic uncertainties persist, investors increasingly turn to traditional safe-haven assets, particularly gold.
GEMXX Corporation’s diversified portfolio, including its ventures in gold, positions the Company to capitalize on the ongoing appreciation in gold prices. Richard Clowater, President of GEMXX Corporation, expressed enthusiasm about the growth potential in both the ammolite and gold markets, stating, “Our commitment to quality, craftsmanship, and adaptability to market dynamics positions us for sustained success. We are confident in delivering strong returns to our shareholders.”
Aligned with positive market trends, GEMXX Corporation’s financial outlook remains robust. The Company focuses on expanding its product offerings, optimizing operational efficiency, and exploring strategic partnerships to maximize shareholder value. Investors and stakeholders are encouraged to stay informed about GEMXX Corporation’s performance as it navigates the evolving landscape of the jewelry and precious metals industry.
