Fosterville South Exploration Ltd V.FSX

Primary Symbol: FSXLF

Metals & Mining Gold

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

Fosterville South Exploration Ltd > Another FSX land packages map, maybe the future one

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Comment by JefferonianGoldon Dec 16, 2020 7:09pm

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Post# 32124814

RE:RE:RE:RE:Another FSX land packages map, maybe the future one

Savin my friend, we think very similar! "scarey" (:

So I do math a little different. We know that Avoca & Timor produced over 1.39 million oz's like you stated. We also know that FSX basically paid a maximum of $2.5 million aussie dollars or about $2.4 million CDN.

$2.4 million CDN is about 1,000 oz's of gold or vice versa.

So possibly 2 million oz's of gold (your estimate) for the price of 1,000 oz's.

That is 2,000 to one !!! Do you see where I'm going with this? It's my
math, do you like it or not?

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