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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 PunkRockyon Sep 27, 2022 12:02am
329 Views
Post# 34988480

Step by step....

Step by step....As of mid September, only about 4K shares short count according to Morningstar. We're at rock bottom right now imho considering we will finally have upcoming news about talings permit (before 30 days accroding to latest news release). About 5% institutional ownership thus far.... nice to see.... showing some big investors have a clue of what we may have in-ground as potential.... ready to be uncovered when new funds translate to drilling time.

Markets are crahp right now due to sentiment, but Nervous-Nelly sellers with Chicken Little syndrome might make it easier to accumulate at these lower share prices as tax loss selling and portfolio reshuffling kick in by investors and institutions. 

GLTA,
Cheers!
PR
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