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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 > TRG/Tarachi similar project...tailings
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Post by Magnum2 on Feb 10, 2023 1:28am

TRG/Tarachi similar project...tailings

Perhaps dig thru TRGs NRs....Mexico+Milling Equipment in place+ tailings+ recovery numbers = last minute unloading of the project to a third party during rising Gold prices...???

2 Payments require 50%, then 100% of the tailings to be milled, but they have no upside if Gold goes materially higher...doesn't even make sense?

No idea why, must be tough in the space to raise money or something isn't being explained, can't say.

GLTA
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