Fosterville South Exploration Ltd V.FSX

RE:Fsx

[Tad]

arh0070,

It's pretty obvious that the share price is being impacted by two things ,gold stocks are especially explorers are often at a cyclical low in July/August only to pick up in the fall .Second Australia is under lock down delaying analysis by the labs of drill cores .Great time to buy and foolish time to panic sell.It's the old adage buy when everyone's selling and sell when everyone's buying .

If I were to have asked you a question a year, or two, ago which country would have more jurisdictional risk. Australia or Nicaragua, what would your answer have been ?

So today, we mark the passing of another week, (unless there's news posted on a Friday which usualy isn't good), and nothing to report from the land down under..

Now gettting back to the question posed.

Seems to me that Nicaragua has been able to manage its way through this supposed PCR casedemic for the past 18 months quite well under the leadership of Daniel Ortega.

Hmmm ... wait a minute.... isn't he supposed to be an anti-capitalist authoritarian dictator ...bent on the destruction of multinational imperialist swine from North America ? 

Nicaragua elections coming up in November with all the associated shenanigans for a Latin American country .... ( but maybe a  more legitimate election than those 2020 votes in Maricopa County, Arizona   .... Philadelphia Pennsylvania, ... Milwaukie Wisconsin, .... Detroit Michigan ....  Atlanta Georgia etc etc ) 

 ;-) 

Apparently not.

Calibre Mining (CXB.to) has already issued not one, not two, but three news releases with assay results from their exploration, infill and geotechnical drill program so far in 2021. Calibre Miining is in the midst of an 80,000 meter campaign. and have thus far reported on over 27,600 meters of drilling in the host country of Nicaragua. 

Just a reminder, the Calibre management team were the people who bought Crocodile Gold's Fosterville and Stawell mines in Australia and gave shareholders over 400% gains in less than two years with their merger with Kirkland Lake.  Good people, deliver results for their shareholders as promised, on time and in some cases ahead of schedule with ramping up production.  

May 11 2021, 

https://calibremining.com/news/calibre-announces-continued-success-expanding-reso-2796/

June 8 2021,

https://calibremining.com/news/calibre-mining-intercepts-13-83-g-t-gold-over-4-4-2888/


July 7 2021,

https://calibremining.com/news/calibre-advances-100-owned-eastern-borosi-project-3093/

And Calibre also reported earlier on in the year the final drill results from 2020, in which they completed approx 60,000 meters of drilling. 

https://calibremining.com/news/calibre-provides-2020-resource-expansion-and-infil-2148/

Seems like business as usual, year round in Nicaragua . 

And exactly what has Fosterville South accomplished in the utopian freedom loving democratic country of Australia in the same time period ?  

Oops, but not in Victoria State ... where the political goons are about to lockdown the state once more .... 

$1.10 per share  ... right back where the IPO price was 16 months ago ...  Have a feeling this company may trade lower than cash value in the coming months, I've seen it a few times before.


GLTA !