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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 Tadon Dec 07, 2020 12:07pm
49 Views
Post# 32049728

RE:What i don't understand is

RE:What i don't understand is affino,


alfino wrote: the brain process of people who are selling this great company on a day gold is aggressivley moving up,,can someone enlighten me ? 

my theroy is someone who didn't get the free shares is trying to make up for it by buting the FSX shares cheap



Some possibilities ....

1. Tax loss selling season is in full swing at the moment, quite a few FSX shares were bought in the $3.50 to $5.00 range earlier in the summer months ... 

2.. Parties are selling to pay for their particpation in the twice  inceased Leviathan financing....

3.  People have received their LVX shares and are lightening up on their FSX shares now, alot of people had shares from $1.10 range in the first raise back in April. Year end rebalncing of portfolio holdings .... 

4. Funds for Christmas shopping , second semester college / university tuition fees, the wife wants a new car, hubby wants new boat, any number of reasons ... 


;-) 

GLTA 
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