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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 24, 2021 6:49am
75 Views
Post# 33753573

Golden opportunity about to expire...2022's year of copper..

Golden opportunity about to expire...2022's year of copper..Goldman Sachs expects copper price to break all-time high in 2022..."The market is already tight as pandemic stimulus (particularly in China) have supported a resurgence in demand, set against stagnant supply conditions......Increased demand and likely low supply are set to drive up the price from the current levels of around $9,000 per ton to $15,000 per ton by 2025...."

https://markets.businessinsider.com/news/stocks/copper-price-outlook-demand-rise-goldman-sachs-sustainability-commodities-2021-4

Gold-II stimulus programme started late 2020 by giving credits (soft loan) to gold mining companies, gold outputs are expected to rise and the BoM’s purchase to reach 23 tons in 2020 and 25 tons in 2021, according to the Ministry of Mining and Heavy Industries and the Bank of Mongolia.....https://www.asiamining.mn/view/418   .....  So, 2021 is maybe the last golden year for gold miners. How much oz gold guidance for 2021's? 50k? Then STGO have to produce additional 40k oz in H2...during winter season, below -40C, first time deployment of boiler house.....expected to complete stacking in cell#3, adding 600k tons of ore, so far....

Hurry up Steppe, not a suitable time for caring its "wellbeing" by increasing 3X Admin G&A cost..Dreaming about US$200.0M fundraise....least US$5.0M successful completion IPO MSE will be much helpful at this time....

Don't let golden time to rush out....Go Steppe go go........https://www.youtube.com/watch?v=S1i5coU-0_Q&ab_channel=Movieclips


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