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Bullboard - Stock Discussion Forum 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... see more

TSX:STGO - Post Discussion

Steppe Gold Ltd > Dream...or nightmare about to emerge?
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Post by Ogopogo007 on Jul 20, 2021 8:21pm

Dream...or nightmare about to emerge?

Another couple sleeps have gone by, no Q2 results as yet. Usual trick was to front run the Q's bad news by holding a fluffy webinar or fireside chat...but all we really learned from that was how crooked mngmnt really is.
  •  only telling major shareholders about Material Facts like crusher issue that crushed production numbers for 2020...from 60,000 oz eq to under 32,000 if memory is correct
  • even in Dec Wood was still yapping about 60,000 oz in 2020
  • finding out "shutting down for winter as planned' when nothing filed on SEDAR indicated shutting down was planned
  • filings that stated UK drilled 2020 when that never happened
  • mngmnt giving themselve 3X salary + 2X bonus for quitting. UFB
Yes...a Mongolian Dream that has really been a nightmare for shareholders

JMHO
Comment by Jack79 on Jul 21, 2021 4:11am
a while looking at that crooked mngmnt behaviour reminds me George Orwell's "Animal farm" novel.....Pigs have more equal right than others...hah....tells material event's "fairy tale" to major shareholders only, voted themselves for 3X salary + 2X bonus, misinterpretations of financial results....so on STGO is just a SPV (special purpose vehicle) transports them ...more  
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