Southern Cross Gold Ltd V.SXG

Primary Symbol: SXGDF

Metals & Mining Gold

Southern Cross Gold Ltd is an exploration stage company with a focus on gold exploration in Australia. The Company’s focus is primarily on the exploration and development of its portfolio of exploration projects through its wholly owned subsidiaries, Clonbinane Goldfield Pty Ltd (Clonbinane), Mawson Victoria Pty Ltd (Mawson Victoria) and Mawson Queensland Pty Ltd (Mawson Queensland), which hold rights in the projects, including Sunday Creek Project, Whroo Project, Redcastle Project, and Mt Isa Project. Its flagship project, the 100%-owned Sunday Creek epizonal-style gold project, is located about 60 kilometers (km) north of Melbourne within 19,365 hectares (ha) of granted exploration tenements. The Redcastle Project is located in central Victoria about 120 km north of Melbourne, 45 km east of Bendigo and about 20 km northeast of Heathcote. The Mt Isa Project covers about 861 square kilometers of tenure in the Cloncurry/Mount Isa block in Queensland, over a combined 60 km of strike.

OTCPK:SXGDF - Post by User

Southern Cross Gold Ltd

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Post by wisdompleaseon Mar 04, 2012 11:35pm

586 Views

Post# 19625482

Something must be coming soon

The silence since the Samex-Sasco bun fight must mean something must be coming out soon. Sasco rightfully has held Samex board's feet to the fire on behalf of many LONG SUFFERING shareholders. There should be news soon that will either highlight momentum on the Samex properties OR something nebulous and meaningless. If the latter is the case it is high time to bail on this and transfer our holdings into something more promising AND into something where shareholders will be treated with much more dignity and respect than the utter neglect we have had to endure. After all these years we should have a much clearer picture of the value of this company.

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