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Steppe Gold Ltd T.STGO

Alternate Symbol(s):  STPGF

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.


TSX:STGO - Post by User

Bullboard Posts
Comment by Loudermilkon Dec 15, 2018 1:11pm
58 Views
Post# 29119858

RE:Steppe Gold - Northern Miner

RE:Steppe Gold - Northern Miner Don't forget it's tax loss season. Pretty brutal this Dec particularly due to market sell off. I will probably add next week with any weakness in gold price, market caps get absurdly low in an environment like this and scare investors off. Traditionally Dec - Jan is my most profitable period but Fed minutes next week will provide some guidance as to which direction the broader market will take short to medium term. Fed needs to be dovish or Dow tanks, even a neutral Fed will put the future on shakey ground. USD needs to weaken or big trouble for commodities and foreign debt, at least cheap oil will keep inflation reasonable. This week is the decision point.
Bullboard Posts