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Bullboard - Stock Discussion Forum SouthGobi Resources Ltd V.SGQ

Alternate Symbol(s):  SGQRF

SouthGobi Resources Ltd. is a Canada-based coal mining, development, and exploration company. The Company holds six mining licenses in Mongolia. The mining licenses pertain to the Ovoot Tolgoi Mine (MV-012726), the Soumber Deposit (MV-016869, MV-020436 and MV-020451) and the Zag Suuj Deposit (MV-020676 and MV-020675). The Ovoot Tolgoi Mine, strategically located approximately 40km from the... see more

TSXV:SGQ - Post Discussion

SouthGobi Resources Ltd > started the run on these today....
View:
Post by fibonnaci on Sep 28, 2021 3:36pm

started the run on these today....

not that anyone cares but here is the story

saw a story on chinese coal last night and remebered sgq came back from suspension recently

looked at sgq this morning it had traded only around 20k shares.... i bot 100k shares at avg of around 36c, stock jumped to 38c... then added another 100k at 40c avg, the stock jumped to 44c... finally added 50k at 48c and the stock jumped again immediately but volume was still light overall

all of a sudden this afternoon volume strted to rip, sold the whole lot off at avg 95c

watch it now go to 5$ lol

glta
Comment by leblereau on Sep 28, 2021 3:46pm
Don't blame you for taking a profit but if you think it's going to $5 why did you sell?
Comment by fibonnaci on Sep 28, 2021 3:52pm
i was more thinking with my luck it would run to 5$ tbh, in this market today i just couldnt look a gift horse in the mouth glta
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