OTC Bulletin Board S & P Company Insight for ARGENTEX MINING CORP
Profile
	Business Summary: Argentex Mining Corporation, an exploration stage company, engages in the acquisition and exploration of mining properties. It principally holds interests in five groups of mineral exploration claims, including four groups of claims in Argentina and a fifth group of claims in Canada.   Address   1112 West Pender Street, Suite 602   Vancouver , British Columbia V6E 2S1   Phone: 604-568-2496   Website: http://www.argentexmining.com Auditor   Morgan & Company Transfer Agent   Computershare Trust Company, N.A. Employees:  1 ShareHolders:  82 Founded:  2001 Domicile:  Delaware
Background
	Argentex Mining Corporation, an exploration stage company, engages in the acquisition and exploration of mining properties. It principally holds interests in five groups of mineral exploration claims, including four groups of claims located in the Rio Negro and Santa Cruz provinces of Argentina; and a fifth group of mineral exploration claims, known as the Argie claims, located in the Pleasant Valley area of British Columbia, near the town of Merritt, British Columbia. The company, formerly known as Delbrook Corporation, was founded in 2001 and is based in Vancouver, Canada. History:  INCORPORATED in Delaware May 1, 2006; and on Nov. 5, 2007, merged its parent, a Nevada corporation of the same name. Former parent was incorporated in Nevada Dec. 21, 2001, as Delbrook Corp.; and effective Mar. 15, 2004, merged Argentex Mining Corp., a wholly owned subsidiary of the company organized in Nevada on Feb. 26, 2004, and adopted merged concern's title.   Subsidiaries: SCRN Properties Ltd.
Management
	Management Officers Position  Kenneth E. Hicks Chairman, President, Secretary, Treasurer & Chief Executive Officer  Hamish  Malkin Chief Financial Officer & Chief Accounting Officer Directors  Patrick  Downey  Colin I. Godwin  Jenna  Hardy  Kenneth E. Hicks  Richard A. Thibault
Annual Report
	Annual Report   Income Statement   2008 2008 2007 Expenses Consulting fees $241,655 $806,326 $268,143 Depreciation 1,648 3,057 893 Investor relations and communication 184,443 1,509,192 80,447 Mineral property interests (Note 4) 1,518,813 3,870,481 1,056,045 Office and sundry 222,276 343,654 32,178 Rent 22,346 57,347 14,186 Professional fees 188,282 653,944 195,624 Stock-based compensation 1,130,676 1,822,289 527,092 Transfer agent fees 21,626 83,525 10,418 Travel 159,375 217,095 15,171 * (3,691,140) (9,366,910) (2,200,197) Interest income (expense) 2,826 (525,889) (131,312) Net Loss $(3,688,314) $(9,892,799) $(2,331,509) Basic and diluted loss per share $ (0.12) (0.15)$ Weighted average number of shares outstanding - basic and diluted 25,004,109 19,536,548 Operating Income As Calculated Depr. and Amort. Fixed Charges Coverage: Available for Fixed Charges Gross Fixed Charges Fixed Charges Times Earnings Fixed Charges Coverages and Preferred Dividends Times Earnings Capital Expenditures Research & Development Expenditures   Balance Sheet   2008 2007 ASSETS Current Cash and cash equivalents $845,219 $901,549 Prepaid expenses 30,576 286 Total current assets 875,795 901,835 Property and Equipment (Note 3) 26,063 2,763 * $901,858 $904,598 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY) Current liabilites Accounts payable and accrued liabilities $496,487 $586,917 Convertible promissory notes (Note 5) - 1,250,000 Promissory note - due to related party (Note 6) - 90,410 Promissory notes - other (Note 6) - 100,000 * 496,487 2,027,327 Stockholders' equity (deficiency) Preferred stock, 100,000,000 share authorized with a par value of $0.001 (issued: January 31, 2008 - Nil: - - January 31, 2007 - Nil) Preferred stock, Series A convertible, 2,000 authorized with a par value of $0.001 (issued: January 31, 2008 - Nil: - - January 31,2007 - Nil) Common stock, 100,000,000 shares authorized with 28,311 20,997 a par value of $0.001 (issued: January 31, 2008 - 28,311,553; January 31, 2007 - 20,996,723) Additional paid-in capital 10,269,859 4,978,759 Warrants - 82,000 Deficit accumulated during the exploration stage (9,892,799) (6,204,485) Total stockholders' equity (deficiency) 405,371 (1,122,729) Total liabilities and stockholders' equity $901,858 $904,598 (deficiency) Net Working Capital Equity per Share Depr. and Amort. Reserve Preferred Shares Issued Common Shares Issued Treasury Shares - Preferred Treasury Shares - Common
Interim Report
	Interim Report      Data Not Available
Pro Forma Report
	Pro Forma Report      Data Not Available
Quarterly Report
	Quarterly Report Information      Quarterly Revenue, US$ Year Quarter Revenue   2009   1 Nil   2008   1 Nil   2008   2 Nil   2008   3 Nil   2008   Full Year Nil   2007   1 Nil   2007   2 Nil   2007   3 Nil   2007   Full Year Nil   2006   1 Nil   2006   2 Nil   2006   3 Nil   2006   Full Year Nil   2005   1 Nil   2005   2 Nil   2005   3 Nil   2005   Full Year Nil   2004   Full Year Nil     Quarterly Net Income, US$ Year Quarter Revenue   2008   1 (2,880,000)   2008   Full Year (3,690,000)   2007   1 (1,010,000)   2007   2 (900,000)   2007   3 (310,000)   2007   4 (1,460,000)   2007   Full Year (2,331,500)   2006   1 (520,000)   2006   2 (610,000)   2006   3 (270,000)   2006   Full Year (1,478,300)   2005   1 (280,000)   2005   2 (420,000)   2005   3 (190,000)   2005   Full Year (2,293,000)   2004   1 (1,090,000)   2004   2 (420,000)   2004   3 (400,000)   2004   Full Year (31,000)     Quarterly EPS, US$ Year Quarter Revenue   2009   1 (.10)   2008   1 (.05)   2008   2 (.04)   2008   3 (.01)   2008   4 (.06)   2008   Full Year (.15)   2007   1 (.03)   2007   2 (.03)   2007   3 (.01)   2007   Full Year (.12)   2006   1 (.02)   2006   2 (.02)   2006   3 (.01)   2006   Full Year (.07)   2005   1 (.08)   2005   2 (.02)   2005   3 (.02)   2005   Full Year (.13)   2004   Full Year (.01)
Stock Data
	Capitalization as of 04/30/2008:     Authorized Shares Outstanding Shares Preferred $0.001 par 100,000,000 None Common $0.001 par 100,000,000 31,465,553   LONG TERM DEBT: None.   Common $0.001 par   Stockholders:  04/30/2008, 82. PRINCIPAL STOCKHOLDERS: July 21, 2008, Kenneth Hicks owned or controlled 7.5% of the Common.   Transfer Agent:  Computershare Trust Company, N.A.   Golden , CO   OTC Bulletin Board( Primary): AGXM     TSX Venture Exchange( Secondary):    Exchange Year High Low OTC Bulletin Board 2007 1.6000 0.9800 OTC Bulletin Board 2006 1.8100 0.3700 OTC Bulletin Board 2005 0.7400 0.1650 OTC Bulletin Board 2004 1.6600 0.5300   DIVIDENDS: Common $0.001 par: No cash. Common split 3-for-1, Mar. 17, 2004.