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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 > Rumors..
View:
Post by bonsai2 on Sep 20, 2024 2:38pm

Rumors..

There is some talking that a dentist from Seattle i trying to take over xali. Apparently he has already sold his appartment and is inerested to make a bid. In that case the share price could go up quickly.. 
Glta
Comment by eartotheground on Sep 22, 2024 1:06pm
If the rumor is true, it's going to take a very big condo to buy Xali, with all the gold and silver, they won't be sold for cheap. I think they were considering $300 million plus an NSR, maybe more now as gold is higher since then.  XGC is ready to roll and is set for a higher valuation. GLTA!
Comment by bluemoons20 on Sep 22, 2024 2:19pm
lets hope all this comes together and we have some kind of lift-ff.  Been handing around this neighbourhood  way too long. with all this positive  talk  would think it should be  in the 20's  looking to go to the 50's  as a kick off .   But still laguishing. GLTA
Comment by bonsai2 on Sep 23, 2024 8:24am
Maybe, but these days xali is valued at 5 Mio USD. Currently most shareholders would probably agree to a takeover bid between 0.2 and 0.5 share price ratherer than dreaming of 300 Mio cad valuation in the future. There is a PP planed at five cents with warrants at 0.075 and 0.1. the money will mainly be used to explore the new Majo project in Peru. So that will not necessarily add much value to ...more  
Comment by silverbugyo on Sep 23, 2024 11:14am
The large shareholders and well informed will not sell for less than $.50.  Mnay of these shares are held by several large shareholders who have been in for a long time and will not sell for that type of valuation unless the drill results are very disappointing.  Also, from the junior explorers to the majors the gold sector has been dramatically undervalued since 2011.  To hold on ...more  
Comment by horsewithnoname on Sep 24, 2024 1:07am
Thought dentists use ceramics and amalgan nowadays and not so much gold, but  good for XGC if these million ounces will create shiny smiles in the future. ::)
Comment by bluemoons20 on Sep 24, 2024 11:38am
Would seem that these rumors are very very speculative.  Usually  the market seems to know results  and potential moves well ahead of time  and reacts   right away.  Here  , nothing has happenned or moved  so  likely  this is just a pipedream.  Too bad!! GLTA