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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 Allthewaydownon Mar 26, 2021 9:24am
162 Views
Post# 32885085

RE:RE:RE:Savin my friend, you forget something..........

RE:RE:RE:Savin my friend, you forget something..........The fact that this company is not pumping news is a good thing. Serious companies (and funded companies) do not need to. Unfortunately from the retail investor side, you tend to lose hope and move on because there's no hype, but you can do yourself a great disservice.  I recently had one mining stock that I was buying all the way from 55 cents to 14 cents (ended up with an average of 28) and as the development progressed it turned around and rocketed over a dollar. Those last shares at $0.14 gave me a return of 800%, and my average is 400%. I can guarantee that I did not look or feel like a hero at the $0.14 level, where my first purchases were down almost 80% from my entry point. I figure that the FSX beatdown is exactly the same thing. Nobody knows where the bottom is, but when the story turns it will turn quickly and dramatically. Land position and drilling makes money. I entered recently at $1.25, doubled down at $1.10, and I will be quite happy to follow it down the curve if necessary until every property has been drilled. 
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