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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 27, 2024 10:39am
50 Views
Post# 36197615

RE:RE:RE:33% rise on no news ?

RE:RE:RE:33% rise on no news ?Relly mean nothing unless it stays  or goes up.  if we are talking about 29000 shares  - that is only about $1700,  Not really anything to write home about.

Nice to see it actually  go  up a bit  but with the slow  movement here likely lots of folks do not even watch every day  and then  they come in and  dump  and it goes back down.

What we need is some real good  news.


Read earlier someone speculating one option would be a sale.  However, if that was the case  , better to do it before you dilute the  stock.  (even though maybe insiders want more of the action ).

Have seen too many  stocks indicate they are paying some bonus to shareholders  ( either dividend cash  or stock)  and then  they  do a PP  at a discount to market and  cut the new shareholders in on the  bonus.

Fingers crossed that this is now moving in the right direction and does not take another 5 years  to get to  $0.07


GLTA
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