Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Apr 14, 2021 11:09am
100 Views
Post# 32992653

RE:RE:RE:RE:So.....how many of you have received a phone call from IR

RE:RE:RE:RE:So.....how many of you have received a phone call from IRbraindeadoldguy,

I agree with you, It is always prudent to be skeptical when dealing with Investment Relations personel with ANY pure exploratiion company, regardless of the company's management history and previous successes.

I, for one, do not  like being given inaccurate information to direct questions, as I experienced durng a phone call with FSX / LVX  IR a couple months ago regarding where they were getting their drill results assayed ( Canada or Australia) and only a matter of weeks later seeing completely different information posted in their news releases. I haven't bothered to call again. 

These exploration plays are based solely on results from the drill. We were not told in advance that Golden Mountain exploration was being deferred for three months .... UNTIL AFTER THE FACT ... why not be up front with shareholders in the first place .... really destroyed the positive  momentum with this company, in my opinion.   

I fully expect Fosterville South, and spin - off Leviathan Gold, to deliver on exploration in the coming year to 18 months ..... but I do NOT expect to see anything IMMINENTLY ... a favorite word that the CEO likes to use, but seems to have no concept of the actual definition ....  just more hype ...

And while referring to Leviathan, it would be helpful for the FSX / LVX to explain to shareholders why the TSXV did not allow the company to proceed with the original escrow periods of 4 months and 4 release dates. Did management not understand the Tier 1 and Tier 2 designations, did their corporate lawyers not understand ?  If not , why not ?  

As usual with resource epxloration plays ..... too much B.S. ... I was expecting more professional, upfront information flow from this management team,  slightly more than disappointed at the present time. 

I like the address, I still like the management, I like the share structures and cash on hand for serious exploration programs from both FSX and LVX  ..... but it is apparent that shareholders are getting a bit impatient lately. 


;-) 


GLTA ! 



<< Previous
Bullboard Posts
Next >>