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 > the WAGON of MONEY

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Comment by savinfamilyon Apr 08, 2021 4:00pm

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Post# 32958475

RE:RE:RE:RE:RE:RE:the WAGON of MONEY

Thank you, crenshaw. The FSX liquidation value given by today market price is negative, taking its cash ( in share structure context), its land package and its drilling permits as material fundamentals. The negative liquidation price is an expression of undervaluation. But we have many many many imaterial fundamentals which count and should count more than the material ones, in this explotation stage, when FSX need mainly for money, because the gold seems anyway coming in this area.

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Investors eye Australian gold mining projects amid promising developments