Your questions...Dragon23 and bluemoons20... all of your questions can be answered on the Xali website... through the news releases, presentaions, fact sheets, etc.
Having said that, you should be aware that Xali is presently an exploration company that has identified its drill targets. However it is still waiting for drill permits to begin drilling on its flagship project, El Oro. This property is 100% owned by Xali and is a well known mining district with over 8Mozs of gold equivalent produced historically from only 2 of more than 50 known veins.
While the price has been sitting around $0.12, it may be a good time to enter... I was fortunate to get in at $0.065. Once drill permits are received we may see a slight move upward and then of course pending assay results may give us another boost. If the final results are what the "potential" indicate, then we could be in for a nice jump indeed. And of course, notification of an indicated resource will give us the price we are all looking for.
Cheers!
Again, I humbly suggest you visit the Xali website, read everything... do your due diligence and then take your position if you feel Xali is right for you!