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Bullboard - Stock Discussion Forum 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... see more

TSXV:XGC - Post Discussion

Xali Gold Corp > Future
View:
Post by bluemoons20 on Mar 02, 2023 7:48am

Future

I  hope this does well  but  by  that latest podcast, this could be a long time coming.  Reading between the lines  it seems  they  may not even drill this  year!!

Sure there is some  income  (PROVIDED the permits finally come).  However  , given all the hype  about all the  veins that are untouched and how wonderful the property is  , there  does not seem to be much enthusiasm  for any  short term  activity.  And if there is no activity  the price won't  move  much or will drift from here.   With  permits  for the plant  maybe  it goes to  8  ??

Was hoping  for some good news this year  but this  looks like a BUY IT FOR LIFE  play!!!

GLTA
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