Xali Gold Corp V.XGC

Alternate Symbol(s): CGDXF

Metals & Mining Gold

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.

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Xali Gold Corp > Rumors..

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Comment by silverbugyoon Sep 23, 2024 11:14am

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Post# 36236422

RE:RE:RE:RE:Rumors..

The large shareholders and well informed will not sell for less than $.50. Mnay of these shares are held by several large shareholders who have been in for a long time and will not sell for that type of valuation unless the drill results are very disappointing. Also, from the junior explorers to the majors the gold sector has been dramatically undervalued since 2011. To hold on this long and then to sell for pennies when the PM's are finally breaking out just doesn't make sense.

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Southern Ontario mineral processing operation receives green fund support