XGC EXPLANATION TO DROP IN SHARE PRICEClearly this is
not a pump and dump story just review the endless details about the company to understand that.
Explanation: The shares were dumped on the market by an ex-director and the sale was poorly executed by the institution selling them. He had shares to sell and instead of calling the company and initiating a private cross-trade he dumped them in the open market; extremely poor judgement IMO. Unfortunately this sale shook some investors into selling but others got in at a cheap price.
The state of the company has not changed.
Xali Gold has the money and the right connections to now move forward in Mexico and Newfoundland. Smart investors are acquiring large positions as they know that there is massive upside coming. Check out some of the information below.
- Tailings project to begin operation early 2022
- XGC receives first $1.5 million
- Tailings project is financed with $6.5 million
- Mexico ElOro property has over 50 veins of gold/silver and 2 of them produced 8 million oz of gold.
- Stacked Boiling System is highly probable similar to Mag Silver's discovery
- Gold veins that produced 8 million oz only went down to 200 meters
- Computer modeling clearly shows mineralization beyond 200 meters in heavy concentration (see modeling diagrams)
- SDA plant ready to begin processing
- XALI owns the Newfoundland Victoria property right next to Marathon Gold's Valentine property and True Gold Golden Rose
- Valentine has 3 million oz of Gold
- Experienced management
- Organic growth model with low risk and low OPEX
Very exciting 2022 is on its way and XALI GOLD has the properties to make it happen.
Check out their website for much more information to help do your DD.
https://xaligold.com/