Xali Gold Corp V.XGC

@ the Bell: TSX down ahead of BoC interest rate decision

[Jonathon Brown]

Canada’s main stock index fell a bit further on Tuesday, led lower by materials as prices of most metals fell on a stronger U.S. dollar. read article.

[Jonathon Brown]

Canada’s resources-heavy main stock index fell Monday, dragged by oil and metal prices. Financial, telecom, and industrials sectors gained. read article.

[bonsai2]

Nobody likes explorer companies until they become successful. From that point on they get more cheers and hopefully xali is among them. glta

[bluemoons20]

Obviously the news is not viewed as good??  many  days  with no volume  - then  news  and  big volume with a price drop!! So  sad!! GLTA

[bonsai2]

Lucero is a different property in an other peruvian region. And casua is next or within tres marias but not the same. The buyback of casua nsr was something like 20k plus up to 1mio shares If certain

[bluemoons20]

Agree that this  seems  like  giving the property away.  Can someone  explain something that is confusing to me?  When they announced  changing focus to  peru &

[Jonathon Brown]

In the past week, the energy sector has been leading downward pressure on Canada’s main stock index as crude oil prices continued to fall. read article.

[bonsai2]

Hm, but i have difficulties seeing the benefit of this deal for xali share holders. 175k over 5 years is maybe ok, but beeing left with a 0,5 percent nsr in case there will be a real mining deposit

[TrevorAbes]

https://stockhouse.com/news/the-market-herald-news/2023/11/28/barrick-options-microcap-gold-stock-s-secondary-property-peru

[gmcmachine]

Fantastic news today from XALI GOLD! Xali Gold just got heavy weight miner Barrick Gold to partner with them on their Peruvian property Tres Marias. Barrick also recently bought into Hercules

[PressRelease]

VANCOUVER, British Columbia, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) ("Xali Gold” or the “Company”) is pleased to advise that it has signed an Option Agreement (the “Agreement”) with Barrick Gold Corporation (“Barrick”) on the Tres Marias Property (“Tres Marias” or the...read article.

[bonsai2]

I think this deal ist quite fair for both sides. It mainly depends on wether there will be successful exploration on the property.. in case xali gets good exploration results the share should move

[bluemoons20]

What is the monetary  significance of  buying the NSR  back.  if it is only  say  2.5  percent?? Is that a lot of  money  to XGC   or  was it an

[bluemoons20]

Yes.   Now  noone even wants it @  the  3.5  cent offer??? Is there something going on  behind the scenes??   Even though  it looks like  nothing is going

[bonsai2]

Hard to Inderstand why anyone is selling at these princes. Ok, we are stuck at pennies currently, but imo it can't go down much further ;) maybe taxloss selling as was mentioned before..

[bluemoons20]

Guess I  asked the question too soon   -Seems like now the action of the day  is  DUMP  DUMP   DUMP. Trades  very few  shares  @  4.5  and  

[bluemoons20]

Might be nice if something actually happens  here.   Set up  a  wait for some money  from the  Mexican operation  but  still no word that anything there is

[gmcmachine]

The NSR buy back news today was intriguing as the Casua property is 100% owned by Xali Gold. The Casua property is also surrounded by mega miners Barrick and Teck. Xali must see the value in this