Xali Gold Corp V.XGC

33% rise on no news ?

[Kalidog]

XALI has had a very hard time breaking the resistance of .05 - 0.055 for quit a long time. Now today an no real news we are up to .06? I'm not complaining but this has definitely sparked my curiosity.

[PunkRocky]

It often goes up and down between the 4.5 to 6 cent range. Tax loss selling  beginning again in about 3 to 4 weeks. So expect more of the same until drills start proving resources. Patience or frustration... anyone's call. PR

[Kalidog]

I've held XALI since 2020 when it was candente. Last time we closed at 0.06 was after a trading week of over 500,000 in volume in May. I don't see 29,000 tipping the scale but who knows, however if it closes at 0.06 the chart shows a resistance being broken. If it closes higher and volume is higher it could signal an uptrend. Issue is low cap stocks can be very unpredictable, hence why I

[bluemoons20]

Relly mean nothing unless it stays  or goes up.  if we are talking about 29000 shares  - that is only about $1700,  Not really anything to write home about. Nice to see it actually  go  up a bit  but with the slow  movement here likely lots of folks do not even watch every day  and then  they come in and  dump  and it goes back down

[Kalidog]

I will try to find the interview but I distinctly remember Joanne's answer when she was asked what the future is for XALI. She responded something like "discover 8 million ounces of gold and sell the company based on that". 

[silverbugyo]

At this point miners are dramatically undervalued with gold at $2,500.  The seniors are dramatically undervalued relative to gold prices as compared to 2011 and the junior miners and  explorers even more dramatically so. Back in 2011 xali then candente reaced over $1.00.  xali has since developed a plan to generate revenue to advance el oro so in many ways they are in much better