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 > Georgia Vote

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Comment by JefferonianGoldon Dec 29, 2020 4:21pm

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Post# 32193527

RE:Georgia Vote

Fergie! FSX a takeover target is possible but I doubt that happening. Management (including Rex) didn't set this all up to be taken over by one of the biggies! Shares are somewhat tightly held so if there was a takeover it would have to be a friendly takeover, a hostile bid would fail.

For this reason I can see another spin out then after that I may welcome
a takeover if it is rich enough. By selling off some land FSX can accumulate
a lot of cash and even consider becoming a miner, with say Lauriston.

It's a funny business so you may end up being right!

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