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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
Post by chonasison Sep 23, 2020 4:58am
164 Views
Post# 31602418

AGM Results

AGM Resultshttps://finance.yahoo.com/news/steppe-announces-results-annual-general-012800044.html 

Very pleased to see the Board is staying as is.....this crew has gotten us here to production, cashflow, larger investors (Eric Spott, et al), and I am very happy to have them at the reaigns going forward into the new year and into expansion of our asset.  There has not been a single piece of negative news since they finally got through the long gauntlet of Cyanide Permits last year! 

It's incredibly comforting to see the CEO holding all of his shares, and from what I can tell, he has not sold a single one of them yet since he converted his debentures a few months ago - That's confidence I can follow....these guys are fully vested in this company with the rest of us smaller fish shareholders!

While I couldn't buy a ton of it, I had to jump on a few shares in the low-mid 2.50's yesterday. My buy on dips and accumulate strategy has served me well thus far! Surprised to see this dip after very promising drill results.....but there will always be those who "sell on news".  It is all low volume trading these last couple of sessions as well.

GLTA longs!

Chonasis


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