RE:Steppe Gold Announces Operations Update for April
Nice to see that ramp up is going well....if that continues they should get up to their target production rate (approx 50k ounces on a 12month basis) by next month or two...so that is excellent - cash starting to build up which can be put towards the phase 2 expansion costs. Also good to see that reagents / supply chain issues that they faced last year due to Covid seem to be behind them. Saw 3 research reports from guys tht were actually on the ground on site visits (which is a first since they went into production due to covid travel restrictions) and all three have pretty solid 12-month price targets in the low to high $3's so that is also a very good sign. Can't wait to see initial results from UK deposit later this year now that they are starting over there....especially given Erdene's results in the adjoining properties. Stars seem to be aligning for Steppe!