Xali Gold Corp V.XGC

interesting turn

[bluemoons20]

Very interesting turn of events.  Supposedly have a 'world class'  property  with past production  and  many  veins not yet mined  , so  now  we  go and start exploring other properties in other jurisdictions?

Hopefully they  know  something about  the South American  claims  so  we  get some action  in the stock  moving in a different direction  from the  slow  decline we have seen in the last year.

Like to see this  up in the  50 to 60  cent range  in the near future!!!

GLTA

[bonsai2]

Interesting! and hopefully successful exploration there. It was not in the website that they are holding properties in Peru except for Tres Marias. What can we expect at Lucero? And Mexico is still interesting when permits are received. If that happens, the share price should go up?! 50 cents sounds good - but ambitious given the current level ;)

[bluemoons20]

agree  that  a  higher price point  is ambitious.  However,  this is about  where we should have been if  the netire  package  had been actively persured  instead of just left to anyone who  would spend some money trying.  What we needed was  top notch  folks who knew what they were doing instead of the first person who

[bonsai2]

Well, exploring the Peru property is probably a good way to continue while waiting for permits and new opportunities at the El Oro mine. Honestly, i don't realy expect a major discovery at Lucero. But that wouldn't change anything with the true value of xali anyways. Let's be patient and hope that things will work out fine. I'm sure management is trying the best to make it happen

[bluemoons20]

Yes But  just interesting as to which is the better property.  Seems we are waiting to get some revenue from side projects to fund the exploration  in Mexico  - which may be the best asset.  However, if we  have no money to commit to  Mexico  , how do we have money  for Peru?? Can someone  try to clarify this for me??  Any money coming in

[bonsai2]

So my opinion based in the latest news realeases is, that things are currently advancing slowly with the Mexican properties and the El Dorado property is therefore put on hold. So the main focus in mexico remains El Oro und El Oro tailings. Xali is still looking for a partner for the SDA plant. Can't say how expensive it is to explore the Peru properties and what will be the outcome of this. I