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

Bullboard Posts

Post by wisdompleaseon Jul 18, 2012 12:51pm

370 Views

Post# 20126608

After 10 years

After 10 years holding Samex, I am finally OUT of this failed venture. Lack of progress and communication leads me to this decision. The delay on the AGM can only mean further degradation of this loser. If there was any good news or hope the board would have advised shareholders a long time ago - certainly since their feet have been held to the fire by Sasco. No news in this case is BAD news for the longer term investor.

Extremely dissapointed with this company.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario