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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 savinfamilyon Nov 22, 2020 7:16am
131 Views
Post# 31948416

RE:LVX Oversubscribed?

RE:LVX Oversubscribed?Sprott has about 3% in FSX (2,5 mil. shares fully diluted), so he will "preserve" the same exposure on LVX. I enjoy you in this idea, because his steak is abnormally small. Due the take-over perspective he should increase it , in LVX (and in all other FSX meteorite following next spin-outs) at about 18 %, like he did in any other similar investment. The problem for you could be the Sprott love for warrants :))))))))
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