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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

Comment by Jack79on May 01, 2021 10:27pm
72 Views
Post# 33109924

RE:same market cap as STGO

RE:same market cap as STGOOgo...that's the topic i was about to write here. Q is how STGO spending that money raised. TSX OTC MSE what else markets they involved in. MSE, truly say that i'm not trust in this type of market. Especially in mostly corrupted country. 

VP, CEO, CFO...What they're doing? Who is the CAPTAIN now? Aneel, Bataa, Jeremy. Consultants or Management? Wasted 1 more yr to know crusher is a bottleneck, Debt/Equity blew up, -5mio cash, half production, no drill UK.....11 times higher extraordinary financial "virtual" cost ate EBITDA. Early CFO confused Cash cost & AISC. BoD & executives members sometimes lost in their web. Accounted local herders protest as "non material" event. But this case was escalated to UN human right committee. Forgot winter season resulted later announce "shut down Q1'21" as planned. No production Q2'21 because of cyanide import.  Lost production but its "non material". And continue filing in sedar "X files", supporting much brain washing campaign named "Webinar" & "Analysts coverage".....

Last Q is, how STGO will mitigate outside risks not controlled by the company since they can't solve their internal problems even. If STGO fail, then ION & ARJN too. Just sell & go like it was in Hunnu coal? 

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