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Steppe Gold Ltd T.STGO

Alternate Symbol(s):  STPGF

Steppe Gold Ltd is a Mongolia-focused precious metals company. The Company is focused on operating, developing, exploring and acquiring precious metal projects in Mongolia and Peru. Its projects include Altan Tsagaan Ovoo (ATO) gold and silver project, Mungu Project, and Uudam Khundii UK 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.


TSX:STGO - Post by User

Comment by chonasison Mar 23, 2021 3:09pm
36 Views
Post# 32859657

RE:2 years vs 2 months

RE:2 years vs 2 months1.  Supposedly he made a 4 Bagger investment on STGO in 2 years...yet calls it a "dog"

2.  Allegedly sells his stake in Feb....yet he is still here he is on message board bashing the company (in the face of nothing but positive news, and positive messaging from the company and nothing but value-creating milestones ahead (if they continue to execute and have positive BFS rates of return, of course))

3. Allegedly bought another company with his "4-bag STGO profits" and x 4 again in last 2 months....yet he decides to post those alleged gains on the STGO message board (instead of that other company)

Well folks....but you gotta ask yourself "why?" & "what's Ogopogo's game here?"

One theory from Kushi is he is a mentally stable, lonely incel - perhaps true....

My theory is that Ogopogo is a paid basher, who relies on pennies he receives per FUD post he makes....

Either way - Who do you follow?  Exhibit A (Ogopogo) greedy baffoon spewing crude, rude, profaine messages on these boards, or the bilionnaires, long-term (and recent) Institutional investors like Sprott, Elliot, Triple Flag, and now Fidelity (Exhibit B) who are holding long and large positions in the stock.....who understand mining companies and investments, cyclical and macro trends, who have institutional patience and a clue how exploration-development-production occur for gold miners. I am not a miner myself, but I know a few and myself have run some large capital projects, so I can extrapolite (appreciate?) that bringing bringing a mine to production in such a short time and generating free cash flow is not a trivial task in the best of times, let alone during a pandemic....

Why haven't company insiders - who presumably hold shares since the company was private, at presumably much lower entry points (I would guess they have AT LEAST 4-baggers like Ogopogo claims, if not even more), since times when there was much more risk (pre-production) - NOT SOLD a single share (as Aneel mentions in the video)??  It seems pretty obvious to me at least that they are invested, alongside the rest of us shareholders and have an eye on a bigger than $2.35 prize.....

JMHO - do your own DD.

Chonasis
 
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