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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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Comment by ALTOGETHERon Mar 28, 2012 10:45am
276 Views
Post# 19727407

RE: Today's News Release - interpretation?

RE: Today's News Release - interpretation?

Still kickin'. Emailed Jeff but got "persevering" which I believe they are. They're committed to this baby, getting their ducks in a row, and are pursuing a DISCOVERY. Disappointed with the share price but a discovery will fix that. Hearing rumblings of $1500 gold and $2,000. Again, DISCOVERY is needed. I also appreciate they have about 8 different areas in Los Zorros which in my opinion are like 8 separate shots at an elephant and many companies would like to have any of these.

I'm also enjoying my Mexivada right now too as they have got some great pots in the fire and still very cheap.

Let's see what April brings (April showers bring May flowers).

Regarding the news release..........at first I was disappointed but now I know they are drilling, surveying, and doing data compiling towards the mother lode I hope. It is all part of the process and to think they are going to stick a "needle in a haystack" and come up with this is crazy. It needs patience ...... IMHO

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities