SXG 9.17% $2.38 southern cross gold ltd

SXG Research / Summary, page-3

  1. 90 Posts.
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    Have a listen to this recent interview

    The Southern Cross Gold team, led by MD Michael Hudson seem to be a thoroughly seasoned set of professionals . During the interview, the MD indicated that the company would embark on an aggressive drilling campaign focused primarily on Sunday Creek . He also stated he wanted to prove the discovery was a commercially viable resource within a 12 month period and that once that had been achieved , expected a bigger fish to look to acquire it . The permits they hold are adjacent and abutting Fosterville with Sunday Creek some 50km to the south east , so this is very exciting territory . They hold the drilling permits and have acquired the land around Sunday Creek to alleviate any access issues

    To answer your question , I am unsure whether they currently have a mining licence but believe SXG will be acquired long before a license to mine would be necessary . All IMO of course !
 
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$2.38
Change
0.200(9.17%)
Mkt cap ! $466.3M
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$2.28 $2.40 $2.25 $494.1K 211.1K

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No. Vol. Price($)
1 10000 $2.30
 

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Price($) Vol. No.
$2.38 8543 1
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