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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 Aug 08, 2023 10:03pm
128 Views
Post# 35578731

RE:RE:interesting turn

RE:RE:interesting turnagree  that  a  higher price point  is ambitious.  However,  this is about  where we should have been if  the netire  package  had been actively persured  instead of just left to anyone who  would spend some money trying.  What we needed was  top notch  folks who knew what they were doing instead of the first person who asked!!   The stock has drifted to these levels due to inattention and inactivity.  And i agree  , to rescue it easily at this point  will not be possible.  It will languish  and we will likely have to endure some dilution  to get it kick started and this  costs us all money.

It is just strange  that we ha e those supposedly terrific resource  and  we are  turning our backs on it and starting over in another area of the  world.

Maybe we could be enlightened as to the REAL potentials of the various properties??

GLTA

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