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Xali Gold Corp V.XGC

Alternate Symbol(s):  CGDXF

Xali Gold Corp. is a Canada-based mineral exploration company that has gold and silver projects in Peru and Mexico. It operates in three geographical areas: Peru, Mexico and Canada. Its Mexican Properties include El Oro Hard Rock, El Oro Tailings and Western Mexico. Its Peruvian Properties include Tres Marias. Its flagship asset, El Oro Project, is a gold project encompassing the gold-silver epithermal vein system in Mexico. The El Oro project covers 20 veins with past production and more than 57 veins in total, which consists of approximately 6.4 million ounces of gold and 74 million ounces of silver. The El Dorado Property is in the Pacific Coastal Plain, State of Nayarit, approximately 50 kilometers (km) south of the San Dieguito de Arriba (SDA) Plant. SDA is located in Nayarit, Western Mexico and consists of a flotation plant which also includes a precious metals leach circuit. Tres Marias is located within an emerging epithermal gold, silver and polymetallic belt of southern Peru.


TSXV:XGC - Post by User

Post by bluemoons20on Aug 02, 2022 11:29am
327 Views
Post# 34865792

Is this stock just HYPE ??

Is this stock just HYPE ??A number of months ago there was a lot of  hype  and  projects proposed.   However  for months now  there has been no  price  movement (upward)  and  very few  shares traded.

Alos in the last few months  there  has been  company  discussion  about  being active  on social media  and also  doing some  marketing.  What a waste!!

Companies  make money  and  gain value  by  discovering  ore deposits  , not  just hype and  marketing.

It looks like  I  have been taken again  by a lot of  hype.   The tailings project  should have been  underway  for months  and producing income.  COVID  is no excuse  after all this  time??

GLTA
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