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Bullboard - Stock Discussion Forum
Xali Gold Corp
CGDXF
Primary Symbol:
V.XGC
Metals & Mining
Gold
Xali Gold Corp. is a Canada-based mineral exploration company that has gold and silver projects in Peru and Mexico. It operates in three geographical areas: Peru, Mexico and Canada. Its Mexican Properties include El Oro Hard Rock, El Oro Tailings and El Dorado Project. Its Peruvian Properties include Tres Marias. Its flagship asset, El Oro Project, is a gold project encompassing the gold-silver...
epithermal vein system in Mexico. The El Oro project covers 20 veins with past production and more than 57 veins in total, which consists of approximately 6.4 million ounces of gold and 74 million ounces of silver. The El Dorado Property is located in the Pacific Coastal Plain, State of Nayarit, approximately 50 kilometers (km) south of the SDA Plant. The Tres Marias Property is located in the Puno District in Southern Peru. The Tres Marias property has 16 claims covering approximately 9,400 hectares (ha). Its subsidiaries include CCM EL Oro Jales, S.A. de C.V. and Minera Xali Oro S.A. de C.V.
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Bullboard (TSXV:XGC)
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(18)
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horsewithnoname
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Post by
horsewithnoname
on May 17, 2024 2:47am
this could work
el oro and queretaro are just next to each other, GLTA
(11)
•••
bonsai2
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Comment by
bonsai2
on May 16, 2024 1:54pm
RE:RE:RE:RE:how much is an ounce worth in El Oro?
Good situation currently.. and great potential If it works out well.
(18)
•••
horsewithnoname
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Comment by
horsewithnoname
on May 16, 2024 1:28pm
RE:RE:RE:how much is an ounce worth in El Oro?
I agree and also very curiousabout the backfill mining part ,if it works it has ramnifications on many aspects, maybe much more important at the long run than the simple immediate financial
...more
(18)
•••
horsewithnoname
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Comment by
horsewithnoname
on May 16, 2024 1:24pm
RE:RE:RE:how much is an ounce worth in El Oro?
1% is 2.3 mio but the first 1.5 million that will go to the municipality will go to XGC - 3x2.3 plus 1.5 is 8.4 million usd to xgc - if understand correctly
(11)
•••
bonsai2
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Comment by
bonsai2
on May 16, 2024 1:19pm
RE:RE:how much is an ounce worth in El Oro?
Yes, i also understood 4percent from gross total. But what i understood payments to the municipality of El Oro have to be decucted from that so is can go down to 3percent but not less than that.
...more
(18)
•••
horsewithnoname
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Comment by
horsewithnoname
on May 16, 2024 12:42pm
RE:how much is an ounce worth in El Oro?
I guess I have to correct myself - in the new news release it says gross royalty andnot NSR as before - which means an ounce is worth 92 USD for XGCat current prices or about 11 Million CAD forXGC
...more
•••
Jonathon Brown
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Post by
Jonathon Brown
on May 16, 2024 10:33am
Buzz on the Bullboards: Major developments amidst market dynamics
Several TSX-listed companies are making headlines with significant updates, strategic movements and quarterly reports.
read article.
(11)
•••
bonsai2
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Post by
bonsai2
on May 16, 2024 9:38am
Cash flow ahead!
With starcore taking care of El Oro Tailings things are looking much better than the last years. Permits are already obtained, metal prices on the rise and strong partners to develop the projects
...more
(0)
•••
PressRelease
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PressRelease
on May 16, 2024 7:00am
New Press Release - Xali Gold Advises that Starcore has joined the Team to Develop the El Oro Tailings Project in Mexico
VANCOUVER, British Columbia, May 16, 2024 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) ("Xali Gold” or “the Company”) is pleased to announce that Kappes, Cassiday & Associates (“KCA”) has advised us they have teamed up with Starcore International Mines Ltd. (“Starcore”) to put into production...
read article.
(11)
•••
bonsai2
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Comment by
bonsai2
on May 14, 2024 3:58pm
RE:gold is money???
I hope so, too. The selling pressure got to stop some time?! Is it in someones Interesse to keep the share price low? E.g. for a low takeover bid or a private placement? Don't think it would
...more
(12)
•••
bluemoons20
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Post by
bluemoons20
on May 14, 2024 11:59am
gold is money???
I am still concerned about what might be going on behind the scenes! Somehow the market seem to lead the news. Here we have what folks think is good news and
...more
(19)
•••
nizza
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Post by
nizza
on May 13, 2024 9:09am
Gold is money
From my point of view, it is a good sign that the agreement with Xali is now moving forward in a timely manner. I think anyone involved in gold also knows that we are in a gold bull market. It should
...more
(52)
•••
gmcmachine
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Post by
gmcmachine
on May 13, 2024 8:35am
XALI GOLD-STARCORE MINES TEAMS WITH KCA ON EL ORO
There are big plans for XALI GOLD that are happening! 20x upside opportunity Starcore Embarks on Environmental Rehabilitation Project in Mexico May 13, 2024 Starcore
...more
(18)
•••
horsewithnoname
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Post by
horsewithnoname
on May 13, 2024 5:23am
1.7 million ounces in San Rafael alone?
"In 1993 Luismin estimated a non-NI-43-101 compliant historic resource of 762,000 oz gold and 9.7 million oz silver contained in vein remnants, back-fill and pillars lying along only 40% of the
...more
(18)
•••
horsewithnoname
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Post by
horsewithnoname
on May 13, 2024 12:02am
golden times for gold explorers?
If Goldman is right - the future is golden, for anything that has to do with gold: https://www.investing.com/news/commodities-news/goldman-sees-potential-for-gold-prices-surging-above-3000-amid
...more
(18)
•••
horsewithnoname
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Comment by
horsewithnoname
on May 12, 2024 1:20pm
RE:Current Situation??
I think XGC management has put itself into a unfomfortable position by making strategic mistakes. First, they lost out on the last explorer rally and did not sell out or at least raise sufficient
...more
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