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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

Comment by gmcmachineon Sep 06, 2022 4:40pm
179 Views
Post# 34944938

RE:PRICE

RE:PRICEIt may look like a downward spiral but it isn't.  Volume is low so moving it up or down takes very little shares.

Management is well aware that they have a large stacked boiling system but they need the permits first.

There are a lot of top people involved in XGC and they all know it will happen; they just can't control the speed at which the permits are granted.  They are working hard to move this along though; the locals also want to start working asap.

It will be a lot higher when permits are in and then people who didn't buy in this low range will kick themselves for not acting sooner.

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