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Xali Gold Corp V.XGC

Alternate Symbol(s):  CGDXF

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.


TSXV:XGC - Post by User

Comment by PunkRockyon Sep 23, 2022 10:13pm
197 Views
Post# 34983667

RE:RE:RE:RE:RE:PRICE

RE:RE:RE:RE:RE:PRICEEverything is subject to rules abnd regulations on any project. There are procedures involved so that all is legal and ok with government and any people affected. We just have to be patient.

As for the share price, lack of new news always makes a share price drop. And XGC is still relatively unkown. Not to mention that any company's share price most often is reflective of proven resources in the ground. The past amount of ounces of gold was certainly head-turning. XGC simply has to prove that there is more... and that will take some time and money. But the plan is in place and things are taken day by day. We simply have to be patient.

Cheers!
PR


bluemoons20 wrote: Quick Question.

What  is the significance of permits  to the tailings projrct.  Thought I read the tailings  stuff has been agreed to.  What is the need to do the projects at the same time??

Can  process tailings  and put money aside to be used for drilling  when permits come??

Seems like a lot of delay.  Additionally,  do not see a ton of interest is stock.  Volume has gone.  If it was so great  , why are folks are not jumping in at this price   ???

would a good operator  not be  moving  plan 'B'  if  plan 'A;  is not  available???

GLTA


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