SXG 7.65% $3.52 southern cross gold ltd

Ann: SXG - 404m @ 5.1g/t Au Uncut Traversing 13 High-Grade Veins, page-59

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  1. 5,803 Posts.
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    @JandJ

    I enjoy your contributions - thanks.

    Couple of questions if you don't mind.

    I see MAW.TO have a cap of CAD81m (hope this is up to date ???) which is AUD93m.

    At SXG SP of 73c their 51% of SXG is worth AUD68m.

    First Question ... if MAW's European efforts are half investable would it perhaps be an alternative option to buy MAW with their 51% exposure of SXG?

    Second Question ... Given that MAW have only a modest Cap (and limited access to cash - and MAW is a micro Cap also)... what's the next likely stage for SXG if this drilling program keeps revealing good grades? (Are there any natural affiliates with big pockets for SXG?)
 
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