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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 bluemoons20on Jan 04, 2023 9:35am
246 Views
Post# 35202384

RE:Further delays to the granting of permits...

RE:Further delays to the granting of permits...Is this really a big  deal.  There has been a lot of talk about this 'Tailings Project"  last year.  In reality  , the money derived from this does not get a mine into production  and  is just 'smoke and mirrors;

Where are the permits for the actual mining operation???   Since they are different  they should not be linked,

Always  nice to  say  company has good  prospective  ground  but  without actually doing any work all you get is delay  and ultimately dilution of existing shareholder value.

To be asking why the permitting is taking so long  many months after the process  started shows either lack of caring about the project or just a delay tactic.  There should have been concern about time for permit issue  right  from the start!!!

Just  my opinion  but this  is taking on the appearance  of a  pump and dump  (and not even a good dump  @  7-8 cents)

GLTA  and Happy New Year!!
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