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Stellar AfricaGold Inc STLXD


Primary Symbol: V.SPX Alternate Symbol(s):  STLXF

Stellar AfricaGold Inc. is a Canada-based precious metal exploration company. The Company is focused on exploring for gold in Canada, Republic of Mali, and the Kingdom of Morocco. The Company's projects include Tichka Est Project and Namarama Project. The Tichka Est gold project, comprising seven permits aggregating 82 square kilometers, is accessible year-round by road through a national and regional road to the village of Analghi located near the mineralized gold zone. The Company, through its 100% subsidiary, Stellar Pacific Mali SARL, owns a gold permit for 50.2 square kilometers in southwest Mali. The Namarana Authorization is located near the village of Namarana, Circle of Kangaba, region of Koulikoro, near the border with Guinea approximately 100 kilometers west-southwest (W-SW) west of Bamako, the capital.


TSXV:SPX - Post by User

Post by jeep91on May 18, 2024 8:40am
65 Views
Post# 36047072

Consolidation......

Consolidation......1 for 10 becomming efective May 24 I believe.    Don't like consolidations.....IFR, TUF, and others did it and the share price dropped in half or worse right after the consolidation. Don't know these supposed intelligent CEO's figure that dropping the share base abd subsequently increasing tha sharre price actually adds any kind of value.  It's like putting lipstick on a pig. It's still a pig.  That is just an illustration...I am not calling this company a pig.....they have good properties and prospects especially with POG approaching $ 2,500.00.  But to increase the price of the shares by dropping the O/S is a phony move.  Nothing changes as to value in the company. It's an illusion.
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