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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

Post by Jack79on Aug 16, 2021 2:02am
158 Views
Post# 33708323

Is Upcoming DFS might have a "Virtual" IRR% ..?

Is Upcoming DFS might have a "Virtual" IRR% ..?In such manipulated environment whatever might expected....11X times more financial costs eating EBITDA during 2020's gold sales period....resulted negative EPS.......Manipulating realized/unrealized forex loss/gains in Income statement. If there is a pretty lower AISC, then where is the f'cking PROFIT? Lowest ever cash cost, almost "0" AISC then such a big loss, negative FCF...illogical....

Wondering,.... how STGO will rise US$ 200.0M from outside presenting such bad financial KPI + manipulated FS numbers? Dreaming or preparing to Sell company? ..... Planning to "invade" Asian major stock markets....Hah...kids play....at least put shares in "A" class at MSE...

Only US$ 10M cash on hand, but have to pay monthly principals + interest to TripleFlag Stream, TDB, Capitron bank loans, MNIF debentures......Instead, STGO spending money on marmots...stupidity....Why is that happening, because of STGO never used financial budgeting & forecasting, i guess......can't even tell what will happen in the next month.....UFB

 






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