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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 Nov 15, 2021 1:41pm
110 Views
Post# 34128134

Lack of Cyanide, Logistics issue due to Covid..bla..bla..bla

Lack of Cyanide, Logistics issue due to Covid..bla..bla..blaHere is some statistics. Numbers don't lie. Between 2018-2020, statistical data shows that Cyanide import dramatically increased from 1,101  to 1,518 tons. Mongolia has taken Covid restrictions action since 2019'Nov to 2021'May.....

So, the Question is Who imported such a huge amount of cyanide during Covid restriction period? Seemed in Mongolia during that period everything was blocked....1212.mn, a Mongolian statistical webiste data shows that during Covid blocked period chemicals import was increased too.  

What i was thinking while saw this statistics is, are we experiencing MISMANAGEMENT again for that LOGISTICS issue? .... Bank of Mongolia continue buying a gold reached 18.1 tons YTD Oct'21..... 

Question is Who producing a gold using imported cyanide then sold it to Mongol bank? Truy say that this is very poor result for Mongolian side of Management. What CEO doing there? Where is Mongolian Govt. support? 

https://trendeconomy.com/data/h2?commodity=2837&reporter=Mongolia&trade_flow=Import&partner=World&indicator=TV,YoY&time_period=2003,2004,2005,2006,2019,2020

1. Choose "Commodity" tab, search "cyanide", select code 2387.....This Commodity code comply with GOODS CLASSIFICATION NOMENCLATURE FOR FOREIGN TRADE of Mongolia, 
2. Time period tab select year 2018, 2019 & 2020
3. Reporter tab select Mongolia
4. Click "Line" button to see line chart graphic 

https://1212.mn/BookLibraryDownload.ashx?url=2021.7_gadaad_hud_eng.pdf&ln=En

 
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