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Steppe Gold Ltd T.STGO

Alternate Symbol(s):  STPGF

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

Bullboard Posts
Comment by chonasison Jun 12, 2020 10:31am
65 Views
Post# 31143052

RE:$1.31...where are the $2 PumpTards?

RE:$1.31...where are the $2 PumpTards?Here, I won't only call you out and embarass you lightweights GripNRip/Ogopogo...not my style...Here's a little bit of free research [to (hopefully) shut you up about SP on a given day at a given time] about a gold company that has just recently started executing what it set out to do (Pour gold).  Here is a recent example of a company who poured their first gold only a few months ago (September 2019 timeframe):

https://stockhouse.com/companies/quote?symbol=t.vgcx

Instead of making false and baseless claims about STGO for a nickel or dime per post (or whatever your emlpoyer pays you for) and demonstrating your utter lack of knowledge about markets and mining, study this company profile a bit. Disclaimer - I am not comparing STGO to VGCX, as such at a detailed level, only from the macro perspective of similar company profiles during  golden runway.....leading up to first pour, and then the months following that first pour.  You can just study the 1- year graph and time it with their news releases. It is not just a straight line upwards from the day first pour is announced until infinity.....

I would expect a similar chart picture for STGO to shape up, so that when you look 6 to 8 months from now (after first gold pour) and look at the STGO SP chart. The exact number is not important (it is not a game of bingo here).....but $2.00 to $3.00 EASILY is my estimate of market cap if each month after first month of gold pour they have similar production numbers and generate the cashflows they are expecting, not to mention their other assets are defined.  If you cannot see STGO potential and that its current SP undervalues it significantly, then what in the world are you doing here (other than paid bashing under multiple account handles)?

Food for thought - do some DD on the company, but also general DD/research and you might learn a thing or two...

JMHO

Chonasis
Bullboard Posts