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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 > Set to generate Revenue
View:
Post by bluemoons20 on Mar 18, 2023 10:51pm

Set to generate Revenue

This is all  nice  stuff to hear  and perhaps a bonus  for the longer term future.  However, the revenus will not substantially  increase the share price in my opinion.

the revenue  might generate enough to  do some  drilling  , the results of which  will be a factor in raising the  share price  (especially if the  property is as good  as  hyped). (and delay  dilution from more PP's).

But this  latest video is just  someone  saying  the revenue streams are a good idea that other operations do not  have  and the CEO  kind of hints to  no drilling taking place until  next  year.

So though it may  be a  good situation, I  would not look for anything  until mid  next  year  and a hope that they can figure out a way to get permits for the different things they are looking to do!!

GLTA
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