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.

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Fosterville South Exploration Ltd > TMX Group Listing Requirements - Tier 1 vs Tier 2

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Comment by savinfamilyon Feb 04, 2021 8:02pm

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Post# 32480171

RE:RE:TMX Group Listing Requirements - Tier 1 vs Tier 2

 			@savinfamily IMHO, my conclusion: $LVX is not yet on TSXV Tier 1 level because it hasn't yet a "work program with an initial phase of no less than $500,000 as recommended in a Geological Report"
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 			15 minutes ago

 					 
@savinfamilyMoreover, $LVX adjusted its shares restriction because it must have at least "200 Public Shareholders each holding a Board Lot and having no Resale Restrictions on their shares" 
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 			12 minutes ago

 					 
@savinfamilyIf all spin-out participants (as $FSX shareholders) have resale restrictions, the $LVX IPO participants (25-26 mil. shares) haven't resale restrictions.
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 			9 minutes ago

 					 
@savinfamilyBut are there 200 $LVX IPO particpants ?? Maybe not.
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 			8 minutes ago

 					 
@DasFinanzNockerlvery well done summary!!!
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 			5 minutes ago

 					 
@savinfamilyAbout 13 mil $ from less than 200 $LVX IPO. That's very great, my friend. Deeply positive.Highly heartening.

For the sake of correctness and recognition to this board, that's the short copy/paste, very usefull IMHO, about Leviathan GOLD:

 			@savinfamily IMHO, my conclusion: $LVX is not yet on TSXV Tier 1 level because it hasn't yet a "work program with an initial phase of no less than $500,000 as recommended in a Geological Report"
 			0
 			15 minutes ago

 					 
@savinfamilyMoreover, $LVX adjusted its shares restriction because it must have at least "200 Public Shareholders each holding a Board Lot and having no Resale Restrictions on their shares" 
 			0
 			12 minutes ago

 					 
@savinfamilyIf all spin-out participants (as $FSX shareholders) have resale restrictions, the $LVX IPO participants (25-26 mil. shares) haven't resale restrictions.
 			0
 			9 minutes ago

 					 
@savinfamilyBut are there 200 $LVX IPO particpants ?? Maybe not.
 			0
 			8 minutes ago

 					 
@DasFinanzNockerlvery well done summary!!!
 			0
 			5 minutes ago

 					 
@savinfamilyAbout 13 mil $ from less than 200 $LVX IPO. That's very great, my friend. Deeply positive.Highly heartening.

 		@DasFinanzNockerl Do you really think if less people invest more in one project it works better ;-)
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 		13 minutes ago

 				 
@DasFinanzNockerlI am so happy about that...
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 		12 minutes ago

 				 
@DasFinanzNockerlthat was a "tennis ball" question to keep you going ...
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 		12 minutes ago

 				 
@savinfamilyYes, I think. In fact, they invest in @bslusarchuk and Co. That's the exploration game. It's not production (with mine life and AISC etc.) and not development (with measured, indicated and/ or inferred resources). The assets for now are the people and maybe the jurisdiction. Maybe the water balance too. 