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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 chonasison May 08, 2020 2:32pm
83 Views
Post# 31004559

RE:RE:profit taking today..or new 52W high?

RE:RE:profit taking today..or new 52W high?Grover11 - You really think 56,000 some odd shares (about a quarter of average volume) is "a lot of people exiting"?  I think that's a bit alarmist....to say the least! :P

What I see is no cheap shares available today....people are holding tight until next news so anyone who wants shares is going to have to pay for them...and no discounts!

Has been an exciting couple weeks...leading up till "mid May" Aneel said for likely announcement on 1st month's production results.

Love watching this team execute how they have wanted to....that permit delay was the big issue last year, but they are making up for it all now. Seems like the run up these past few weeks are anticipatory for the upcoming news, but there should be plenty of room to run well past IPO (i.e., material "re rating" of the company and its SP / Mkt Cap if the results are positive!  I'm holding strong!!

Chonasis
Bullboard Posts