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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

Post by mferguson71on Oct 21, 2020 4:14pm
161 Views
Post# 31756674

1 to 2 years out

1 to 2 years out

Just looking at other companies who have had great runs with great drill results. One company that comes to mind is Great Bear Resources. I have said this before but the the property the company currently has reminds me of GBR. With the grades located next door to the Fosterville mine (which gets brought up every quarter with KL news releases) and the profitability of such high grades I am very excited for drilling at Lauriston project. 

Golden Mountain has already returned amazing drill results and is ... in just my opinion... overlooked at the moment because it is the first drill results issued. Follow up drilling will be need to confirm the high grades as the market will start to calculate ounces in the ground. 

Early investors like Sprott and Ross Beatty obviously see the potential but alot of the institutions don`t quite yet in my mind. Often the next level need to see a 43 101 or something like this.

Excited for the future of FSX. I think we have more room to go higher 

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