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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 > disappointment
View:
Post by bluemoons20 on Jul 25, 2023 8:39am

disappointment

From my opinion, no other word to describe the last year.  Long delays in getting permits , then  getting others on board to  help with the process.   Now  changing horses on one of the projects!  Individually  , they  are all  understandable  but  when put together as a big picture, seems  like no one is at the helm leading the charge.
With all the talk of the  huge number of veins on the property  , this  thing is  just stagnating and  slowing slipping into oblivion  waiting for some of these side projects to provide some funding.

A look at the  amounts  shows they are not  large contributions  on their own relative to the cost of  actual exploration.

We need to get  firing on all cylinders  to stop the  price from falling  any more!

4  cents  is a joke.  We should be at  15 to 20  cents  as a base  with  exploration lifting from there.


Sounded like a good idea on paper  but is turning into a session of staring at the wall with nothing happenning.

GLTA
Comment by AbhayFloatr on Jul 25, 2023 8:42am
This post has been removed in accordance with Community Policy
Comment by Diazloccal on Jul 25, 2023 11:30am
yes not the greatest 12 months. i agree 4 cents is a joke and should be much higher given the property that they own. they need to get moving and show that they actually are on the path that they say they are. gold is close to $2000 and they should be marching forward on this company. i'm going to hold tight for now. wake up xali gold! wake up!
Comment by bonsai2 on Jul 25, 2023 1:05pm
Some trades (buy) i made over the last months didn't show up in the tsxv price history. Bought 20k at 0.045 yesterday. Somehow there was quite strong selling pressure over the last year and maybe some major shareholder was selling their shares. Still i have trust in the management and hope that they will get permits for El Oro and some cashflow so they can start exploring there. Holding on :)