Steppe Gold Ltd T.STGO

Alternate Symbol(s): STPGF

Metals & Mining Industrial Metals & Minerals

Steppe Gold Ltd. is engaged in the business of precious metals and minerals exploration sector. Its project includes Altan Tsagaan Ovoo (ATO) gold and silver project, Mungu Project, Uudam Khundii UK Project, and Tres Cruces Project. The ATO Project is located in the territory of Tsagaan Ovoo soum of Dornod province in eastern Mongolia and is comprised of one mining license covering an area of 5492 hectares. The Mungu gold and silver discovery is located northeast of the ATO Project. It is a structurally controlled epithermal gold-silver system with localized bonanza grades. The Uudam Khundii property is comprised of one exploration license covering 14,397 hectares. The project area is located 800 km south-west of Ulaanbaatar. The property is located between and adjoining the Bayan Khundii gold discovery and Altan Nar epithermal gold deposits explored by Erdene Resource Development Corporation. It also owns an interest in the Tres Cruces Gold Project located in Northern Peru.

TSX:STGO - Post by User

Steppe Gold Ltd

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Post by Metal10on Feb 19, 2020 8:39am

115 Views

Post# 30707237

Most undervalued company on the exchange

Giving gold being through 1600 now, Steppe is going to be a major cash cow. They are beginning production in Q1 of producing 60,000 ounces this YEAR with so much exploration upside (feasibility, resource updates and lots of drilling in 2020) this really should be at $3.00 stock right now.

The companies EBITDA should be $40 million+ this year and the market cap is less then $60mm - it's absolutely insane.

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