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Bullboard - Stock Discussion Forum
Steppe Gold Ltd
T.STGO
Alternate Symbol(s):
STPGF
Metals & Mining
Gold
Steppe Gold Ltd is a Mongolia-focused precious metals company. The Company is focused on operating, developing, exploring and acquiring precious metal projects in Mongolia and Peru. Its projects include Altan Tsagaan Ovoo (ATO) gold and silver project, Mungu Project, and Uudam Khundii UK 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.
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Bullboard (TSX:STGO)
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(146)
•••
Ogopogo007
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Post by
Ogopogo007
on Sep 03, 2021 6:56am
Since STGO can't pull gold out of the ground
perhaps it's time to tap into the valuable Base Metal that was recently drilled at ATO
(3)
•••
Jack79
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Post by
Jack79
on Sep 02, 2021 8:04am
Are they passed BDO's re-audit?
Or re-hired MNP auditors, again...What if they can't pass. Misstatement in financials affects in successful MSE IPO & US$200.0M shelf prospectus + local banks requirerements. Wrong
...more
(3)
•••
Jack79
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Post by
Jack79
on Sep 01, 2021 11:09am
Back office vs Front...G&A Admin cost 3X increase ...
As Aneel said 3X more G&A because of more more staffs for ATO mine site Mongolia. For administrative "wellbeing" purposes or front office? If you hired mining specialized guys then their
...more
(3)
•••
Jack79
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Comment by
Jack79
on Aug 31, 2021 5:43am
RE:RE:RE:$2.80 buys looking good
kkkrrr problem about to solve soon...good news...but how bad is financial position? pay twice then could solve everything....mismanagement costs much... as far i remember your position
...more
(6)
•••
kkkrrr
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Comment by
kkkrrr
on Aug 31, 2021 3:15am
RE:RE:$2.80 buys looking good
good opportunity now... problems solved soon .. permanent crusher installed , heating-boiler for the cold winter , stable delivery of the reagents (acid) ... i think all 3
...more
(3)
•••
Jack79
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Post by
Jack79
on Aug 30, 2021 10:18pm
Who will manage next 2 projects...?
I mean, Aranjin resources (ARJN) & ION energy (ION)...Who can raise money on that projects? Same faces failed in STGO? .... those faces sitting in BoD....then who will trust in ARJN & ION?...
...more
(146)
•••
Ogopogo007
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Post by
Ogopogo007
on Aug 30, 2021 8:53pm
It was "Big Boulders" that impaired crush rate
According to Pinocchio 38:42 in https://6ix.com/event/steppe-gold-summer-shareholder-update/ Who could of forseen "big boulders" when digging and blasting? On the plus side...30,000 more
...more
(3)
•••
Jack79
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Post by
Jack79
on Aug 30, 2021 3:52pm
Now,. Aneel became biggest shareholder..Congratulations !
Crazy buying like crazy stacking...but below IPO price...seems STGO forgot about Sprott's $2.15 "redline"...What else he can do...landline broken, everything blocked, miscommunication
...more
(3)
•••
Jack79
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Post by
Jack79
on Aug 30, 2021 4:06am
Prohibited actions for open market by law...
manipulate securities market shall be prohibited: 1. LAW ON THE SECURITIES MARKET of Mongolia: Any trade which is intended to give market participants a false impression as to the trade
...more
(3)
•••
Jack79
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Post by
Jack79
on Aug 29, 2021 12:08pm
I wish i could imagine $2.80 buyback never happen again....
Had only $6M cash, even not enough til end of year. How much STGO need for ordering cyanide? CEO said we'll double order, get as much as can in stockpile. Around $500k ? Means STGO had only $5.5M
...more
(347)
•••
GripnRip
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Comment by
GripnRip
on Aug 29, 2021 7:40am
RE:$2.80 buys looking good
Only down 50% Kluelass Klucker buying time...can buy 2X shares for same as buying $2.80 shares Funny....not much klucking of late but then again...never made much sense out of all her fowl talk
(3)
•••
Jack79
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Post by
Jack79
on Aug 28, 2021 12:46pm
$3.0M Receivables for What?..that's how they spending money
Last Q2'21 financial scoring from balance sheet: US$ 3.0M other Receivables, Cashburn amount $ 8,7M, monthly average $1.5M, Restricted cash $15.4M, short term investment in local bank $5.0M, Debt
...more
(3)
•••
Jack79
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Post by
Jack79
on Aug 28, 2021 3:49am
Gangsta's Paradise...spending like $1 trillion company...
Buring US$ 2.0M monthly, $8.5M jammed somewhere in gold in circuit, US$ 5.0M stuck in local bank with 6.6% annual interest paid for own money, +MNT 10bln = US$ 12.0M TDB loan spent for nonsense
...more
(3)
•••
Jack79
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Post by
Jack79
on Aug 26, 2021 11:24am
DFS fairy tale...where is it? sunk in manipulated numbers?
Could this DFS pass expert's requirements? Or about to release coming 1 million weeks? WInter is coming...time to start leaching cell#3.....failed in paperwork, then move on to physical...or
...more
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