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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 22, 2023 5:47pm
159 Views
Post# 35238813

RE:RE:Any comments folks?

RE:RE:Any comments folks?Well,
Lets see how they are at raising money.   Wiht all the hype about  how wonderful the property is with  all the veins that are already know  ,  Ant PP  should be well above the market  price.  So lets say  since we are trading at 6  cents,  the  PP  should  be  at  about  10  cents minimum.  Have seen a number of  stocks  with GOOD  CEO  and property sell a PP  at well above the  market price  rather than the moose pasture that  drops the  price and does the PP  at  under  market and then  throws in  warrants as well.

You really have to question  their expertise  when  they  have hude delays in getting permits  and then have to  hire people to help the peole that were supposedly competent to get the permits  and still nothing happens!!!

GLTA

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