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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 14, 2020 5:00pm
67 Views
Post# 31029796

RE:Chrony...you claim....

RE:Chrony...you claim....GripNRip - You general confusion seems to arise from asking the wrong / dumb question (or rather asking the right question but in the wrong way / with the wrong preconceived notion in mind).

 "I do ask as others do...why hasn't SP hit IPO price already ? What's wrong? More value back at IPO than now when STGO is pouring gold?"  (You and the "others" you talk about are just your other personalities such as Ogopogo, by the way, but I digress).

You assume there is something wrong with the company because the SP (owned by idiots like you and I) is lower today than it was at IPO.....as if there is a direct correlation (efficient markets, smart investors, no panic sellers, no day traders, complete and universal knowledge of the stock markets and companies within it, etc, etc (shall I go on are you still with me???)  Others, such as me (who saw the dip the last few days and bought more.....ask it as "wow, I can't believe the SP is as low as it is.....why is that?....what an opportunity to continue to buy cheap shares."  

Let's not bicker - Let's stick to some facts and actual opinions.  Do you think the most recent announcement (Monday) was positive news or negative?  If the former, then do you believe the SP today reflects the value of the company / what the SP should be when comparing it to other juniors of the same size/assets? Pretty simple questions -would love to hear your (non conspiracy) views on them.

I do not know for a fact that deb's were bought by other than insiders....no. But I also base my assertion that I have not yet (to date) seen any insider sales of shares on SEDI. Yes, let's watch and see what the facts/disclosures tell us....let's not (as you do) state as if they are facts "something is wrong, insiders are selling, run away" 

Chonasis
Bullboard Posts