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Bullboard - Stock Discussion Forum Xali Gold Corp CGDXF


Primary Symbol: V.XGC

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... see more

TSXV:XGC - Post Discussion

Xali Gold Corp > Step by step....
View:
Post by PunkRocky on Sep 27, 2022 12:02am

Step by step....

As of mid September, only about 4K shares short count according to Morningstar. We're at rock bottom right now imho considering we will finally have upcoming news about talings permit (before 30 days accroding to latest news release). About 5% institutional ownership thus far.... nice to see.... showing some big investors have a clue of what we may have in-ground as potential.... ready to be uncovered when new funds translate to drilling time.

Markets are crahp right now due to sentiment, but Nervous-Nelly sellers with Chicken Little syndrome might make it easier to accumulate at these lower share prices as tax loss selling and portfolio reshuffling kick in by investors and institutions. 

GLTA,
Cheers!
PR
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