Xali Gold Corp V.XGC

SDA plant news

[bonsai2]

I'd say this is fairly good news. With the payments coming in over the next year xgc should have the money to do some exploration on their properties in Peru and eventually Mexico. This means no dillution at the current level.. Happy about that!

[bluemoons20]

likely the reason  for the  small uptick on Friday.  The  market  often seems to  lead  the announcements!. Though  a  bit  of cash  might  help in the short run  , having  more control over the  mill  might be a better position  if  something actually happens at  El Oro.   Even though  now

[silverbugyo]

It appears to me that xali is pulling back from some of the near term cash generators they envisioned in Mexico; It appears the permitting process is a real PITA in Mexico.; Getting the tailings processing going has taken forever.  With El Oro  I have no doubt they are in it for the long term theredue to the sheer magnitude and upside of the property; however,; these smaller