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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 Stockman44on Aug 12, 2019 2:14pm
74 Views
Post# 30018855

RE:RE:RE:I am voting AGAINST removing Lewis Marks

RE:RE:RE:I am voting AGAINST removing Lewis MarksOgopogo....Again my rough math was based on a FULLY DILUTED basis...which is nowhere near that 39-40% point. I have not received (well rather read) the package yet as I am out country so my access to mail is delayed. But will need it to vote... Here is a link for you showing his connection with LIM since 2002: https://www.mongoliaholdings.com/lewis-marks.html If you are in at 60 cent price point, I am pretty sure if this produces as they anticipate (and then what I consider their real story - their bigger asset- gets developed)...then you will easily be looking at 10 bagger here. This first deposit is just (hopefully / theoretically) going to pay for their larger deposit/asset. I agree that SP should be closer to 2.00...which is what I have said...and I think that is exactly where it is going to go when cyanide permits are in hand. Market seems to be holding its breath for that to be in place. Yes the IPO was at 2.00....yes the SP has been as low as .59....not sure what your specific point is there. The market decides SP....I do not see any truly negative setbacks that have caused that over the last year....market conditions and forces. Nobody (me included) wants dilution, but I do want a producing mine and I do want the bigger asset developed, and I do want mgmt to do what is required to make that happen. Chonasis
Bullboard Posts