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Fosterville South Exploration Ltd V.FSX


Primary Symbol: FSXLF

Fosterville South Exploration Ltd. is a Canada-based company, which is engaged in the acquisition, exploration, and development of mineral properties in Australia. The Company’s properties include Lauriston Gold Project, Golden Mountain Project, Moormbool Project, Providence Project, Walhalla Gold Belt Project, and Beechworth Project. The Lauriston Gold Project is located in the central part of the State of Victoria, Australia. The Golden Mountain Project is located in the central part of the State of Victoria, Australia, situated approximately 150 kilometers (km) northeast of Melbourne. The Moormbool Project area consists of three granted licenses such as EL006280, EL006913, and EL007193. The Providence Project consists of one license, EL007052 that covers the Reedy Creek goldfield and the Big Ben prospect area. The Walhalla Gold Belt Project has one granted tenement and seven tenement applications. The Beechworth Project is located in Victoria, Australia.


OTCQX:FSXLF - Post by User

Comment by Linemineron Dec 13, 2020 7:32pm
74 Views
Post# 32096807

RE:FSX and GBR comparative charts

RE:FSX and GBR comparative chartsThank you for the charts - and I do apologize ! YES, FSX is new and young - and a large part of their focus in 2020.obviously was the LVX spin-off which is commendable shareholder value I believe ! However the new acquisitions exceeded spin-off properties in the same period --- still all excellent - especially the Baynton property in my opinion ! I still however like to see drilling expansion or perhaps JV agreements ! AS To GBR - from "Discovery Day" - (18 months ago) focusing only on Dixie - GBR with a cash balance of $85M and a smaller share count (56 M) than FSX (68M) committed 1/4 of cash to a 100,000 metre drill programme and for every $1 dollar spent gained $30 in market cap - certainly the best ## for a Canadian explorer - and maybe a world record - yes I will be long on FSX - and hopefully as you suggest - they can do as well ! Tough numbers to live up to though!
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