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Fosterville South Exploration Ltd V.FSX


Primary Symbol: FSXLF

Fosterville South Exploration Ltd. is a Canada-based company, which is engaged in the acquisition, exploration, and development of mineral properties in Australia. The Company’s properties include Lauriston Gold Project, Golden Mountain Project, Moormbool Project, Providence Project, Walhalla Gold Belt Project, and Beechworth Project. The Lauriston Gold Project is located in the central part of the State of Victoria, Australia. The Golden Mountain Project is located in the central part of the State of Victoria, Australia, situated approximately 150 kilometers (km) northeast of Melbourne. The Moormbool Project area consists of three granted licenses such as EL006280, EL006913, and EL007193. The Providence Project consists of one license, EL007052 that covers the Reedy Creek goldfield and the Big Ben prospect area. The Walhalla Gold Belt Project has one granted tenement and seven tenement applications. The Beechworth Project is located in Victoria, Australia.


OTCQX:FSXLF - Post by User

Comment by singsingasongon Jul 01, 2020 8:17am
244 Views
Post# 31211613

RE:RE:RE:$7.5 Million Overnight Marketed Private Placement ...

RE:RE:RE:$7.5 Million Overnight Marketed Private Placement ...
You should elaborate a bit more on the drilling rumors. If the rumors pertain to the recent shallow drilling results then the rumors don't make much sense because the drilling results were not that good - they were significant in that they were drilling for structure but they hit gold but by themselves they were not that good. Now, you could be referring to the historical drill results. In that case, they got the results from someone who drilled these holes before them and fraudently posted these results. In any case, it's not the company's fault. Now, you could be suggesting that the company posted these fraudulent historical drilling results and that could easily be verified by some one who does a little bit of historical digging. As for your suggestion that the company "jjuiced" the stock price - that is pretty ridiculous when they themselves admit that it was meant to create shareholder value and that is exactly what happened. You cannot blame the company for creating value. As for your previous record. I have not done too much digging on the two companies that you refer to but I know that one of them was trying to operate in Bolivia and we know how that worked out under Morales. It doesn't take a genius to figure out that it's unlikely to end well. I would like to thank you for thinking about the other shareholders and for your deep concern regarding our well being but be careful that the company does not track you down and slam you with a lawsuit for rumor mongering.
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