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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

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Post by bluemoons20 on Nov 16, 2023 8:37am

NSR

What is the monetary  significance of  buying the NSR  back.  if it is only  say  2.5  percent??

Is that a lot of  money  to XGC   or  was it an opportunity to buy it back  cheap and then resell it to someone else for a lot  more??

Any input would be appreciated

GLTA
Comment by bonsai2 on Nov 17, 2023 12:23pm
I think this deal ist quite fair for both sides. It mainly depends on wether there will be successful exploration on the property.. in case xali gets good exploration results the share should move north. And then, also Tres Marias could become more Important. It's just next to the Casua property. On the other side, if exploration results turn out be poor the deal does not make much of a ...more