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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 BlindBoyon Jun 27, 2021 8:10am
290 Views
Post# 33457252

RE:In the news release, they mention E79 quite a bit!

RE:In the news release, they mention E79 quite a bit!bdog - "One has to wonder, what's it gonna take to move this paper north"

well, the best time to buy is when there's a firesale, so long as the assets haven't all been torched in the blaze.

at the end of March, they still had over $27 million cash, less than 68 million shares o/s, still held a huge spread of prospective properties in historic gold territory.

Given it's 52 week high @$5.34, and it's current price in the $1.20s, anticipated assays, and additional plans to drill ... do I consider this a fire sale?  Dang tootin', I do ! 

Never played the stock previously, but I've very recently begun building a position, in addition to a new position in E79. 

You also added John Lewins as a director last year, and he's done a top notch job in steering K92's mine development, even through the difficulties wrought during this past year and a half's scamdemic world wide gov't roadblocks.

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