SXG 0.00% $2.80 southern cross gold ltd

Ann: SXG February 2023 Quarterly Activities Report & Appendix 5B, page-2

  1. 10,140 Posts.
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    SXG is early out of the blocks with an incredible Q report and 5B.

    With more detail than the recent pressos we are now seeing the size and shape of the mineralised veins and of the major dyke. We are told the mineralisation occurs where those two structures intersect.
    Not for the faint hearted I must say, because to get a feel for the big picture will take several hours of careful study of drill hole orientation and grades and intercepts.
    Michael Hudson is to be commended for putting all that detail in front of his shareholders and for trusting them to take the time to form a better picture of what this monster will look like, for themselves.

    Cash is good with $17 mill in the kitty at Q end and a burn of $2.2mill per Q.

    I am very happy to see an emphasis on Community and Environmental issues.

    GL all - watch it grow.
    Last edited by JandJ: 01/04/23
 
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