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Bullboard - Stock Discussion Forum 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... see more

TSXV:XGC - Post Discussion

Xali Gold Corp > PRICE
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Post by bluemoons20 on Sep 06, 2022 3:41pm

PRICE

anyone know what is going on to trigger this downward spiral  ??

thanks in advance
Comment by gmcmachine on Sep 06, 2022 4:40pm
It may look like a downward spiral but it isn't.  Volume is low so moving it up or down takes very little shares. Management is well aware that they have a large stacked boiling system but they need the permits first. There are a lot of top people involved in XGC and they all know it will happen; they just can't control the speed at which the permits are granted.  They are ...more  
Comment by severeanalysts on Sep 16, 2022 11:29pm
Any number of things but on a relative note, ALMOST ALL Au - Ag securities are off due to the rather dramatic drop im PM prices.  We likely need a 1 to 3 roll back which we would all come ahead in the mid term. Companies with less paper ou are doing  roll backs and if its coordinated with a guaranteed financing with a couple heavier hittters its a wonderful idea as we have like 5 things ...more  
Comment by PunkRocky on Sep 17, 2022 2:41pm
You appear to be a pump and dumper.  And why would Xali Gold need to do a roll back?? The CEO has already said that taliings revenue would help fund the drilling for El Oro etc.  Stop posting your crahp pumpng of Xali on other boards. You're giving an impression of Xali being a pump and dump stock to other unknowledgeable investors. Obviously Xali is in quiet mode, but you're not ...more  
Comment by Diazloccal on Sep 17, 2022 3:01pm
i also agree that xali is not a pump. they have a strategy that they are working on and once permits are in they can get work done. rollback is not happening they have less than 150 million shares outstanding which is not much at all and most held by important people. i am glad i invested, i can wait for the action to start and drills on el oro!
Comment by bluemoons20 on Sep 22, 2022 9:37am
Quick Question. What  is the significance of permits  to the tailings projrct.  Thought I read the tailings  stuff has been agreed to.  What is the need to do the projects at the same time?? Can  process tailings  and put money aside to be used for drilling  when permits come?? Seems like a lot of delay.  Additionally,  do not see a ton of ...more  
Comment by PunkRocky on Sep 23, 2022 10:13pm
Everything is subject to rules abnd regulations on any project. There are procedures involved so that all is legal and ok with government and any people affected. We just have to be patient. As for the share price, lack of new news always makes a share price drop. And XGC is still relatively unkown. Not to mention that any company's share price most often is reflective of proven resources in ...more