Shareprice rockets on the news that Southern Cross Gold is dual listing on the TSX (ASX:SXG)

Mike Hudson, Managing Director of Southern Cross Gold on the news that SXG are dual listing on the TSX. We also discuss the extraordinary grades that keep being discovered and why this project is a world class deposit that is only just getting started.
TIME STAMPS:
00:00 intro
02:20 Victoria is supersonic for gold what are Southern Cross Gold doing there?
07:00 How did Southern Cross get so "lucky" with this amazing discovery
09:15 Is this project too good to be true?
11:45 Lessons from the Fosterville deposit
13:20 When Mike says it "hangs well" what does that mean?
15:45 Why you need to do your own research and why they are dual listing on the TSX
22:00 Why are Aussies so skeptical about great discoveries especially in Victoria?
24:45 SXG are only just getting started what's next?
www.southerncrossgold.com.au/
www.goldevents.com.au/agc/gol...
events.humanitix.com/the-aust...
Disclaimer: The content and information (“Content”) in the video programmes (“Video Programmes”) is provided for informational purposes only and not investment advice. You should not construe any such content, information or other material as legal, tax, investment, financial, or other professional advice nor does any such information constitute a comprehensive or complete statement of the matters discussed. When making investment decisions please make sure to contact your financial advisor and as always do your own research

[@yolandatorrisi]

Love love this stock and work Mike and the team are doing to grow the resource.

[@davidfield4432]

Let’s hope it is a good year for gold kerry. 👍

[@christopherk140]

Well what is the grade grams per ton?????

[@makingmoneymatter]

This is a high grade project. In January SXG put out an exploration target constrained to only one third to one half of their core drill area (10% of their regional trend). The study indicated the grade will range between 7.2 g/t AuEq to 9.7 g/t AuEq (5.3-7.8 g.t Au plus antimony) The potential quantity and grade of the Exploration Target is conceptual in nature and therefore is an approximation. I was told there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. Link below may also help. wcsecure.weblink.com.au/clients/southerncrossgold/headline.aspx?headlineid=3635026

[@christopherk140]

A lot of promotional material but nothing of substance to chew on. What are the directors getting paid ? How much dilution of past shareholders? Etc etc

[@makingmoneymatter]

From my knowledge of the team they are professional mining industry players with solid discovery pedigrees. They take lower quarter salaries and put the money in the ground. The Chairman earns $65k/yr, NEDs $54K/yr, MD $270k/yr as a consulting fee (ie includes super). The SXG team is very focused on capital management. The share structure is tight with 184m shares out and the only capital raise they have done since IPO in May 22 was in Dec 22 raising $16m @ 58c. Michael Hudson continually tells me current shareholders will be the only ones who will have the opportunity to fund the company in the future. Hope that helps

[@jonscott6293]

There is another video on KZbin that tells you everything you need to know.

[@jonscott6293]

kzbin.info/www/bejne/lYCpm5ujqJufgqc

[@jonscott6293]

kzbin.info/www/bejne/lYCpm5ujqJufgqc