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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 Apr 11, 2023 4:04am
281 Views
Post# 35387867

Seems free market itself blocking speculation .... HAH

Seems free market itself blocking speculation .... HAHUntold story of dark side of speculation:

....Steppe Gold Ltd. announced the appointment of Mr. Batkhuu Budnyam to the Company's Board as a Director....https://www.marketscreener.com/quote/stock/STEPPE-GOLD-LTD-43444401/news/Steppe-Gold-Ltd-Appoints-Batkhuu-Budnyam-to-the-Company-s-Board-as-a-Director-34240451/

In that time SP was far below than $2, nearly $0.8....But suddenly when he left without any news. During July'19 to July'20 SP rose up to $2.7. Someone made a lot of money from that speculation & left....HAH. https://finance.yahoo.com/quote/STGO.TO/history?period1=1562803200&period2=1594425600&interval=1d&filter=history&frequency=1d&includeAdjustedClose=true

Since that speculation SP never rose. Still jumping around $1.0. But now they announced private placement and started again speculation. Familiar scenario. Isn't it? ....HAH

By looking gold historical price chart, everyone can easily understand that STGO never used any chance of price uprise. During 2020 - 2022, goldprice almost 2 times hit 2,000$/Oz. Avg was 1,800$/Oz   https://goldprice.org/gold-price-chart.html

Now they dreaming about listing in HKSE with far lower SP than IPO.....HA-HA-HA ...  Nice try STGO
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