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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

Comment by KushiMonsteron Sep 29, 2020 1:54pm
56 Views
Post# 31635923

RE:Wow...and this too...

RE:Wow...and this too...That is great news!  Always a great sign when the Government gives you money for your project.  A big vote of confidence in a country where companies have had issues with goverments before.  Well done by management!

Even bigger than the Fundamental Reasearch report is that Stifel GMP initiated research coverage this morning! This is a huge leap in terms validation for institutions to get involved.  It's a very impressive 28 page report that gives a taget price of $4.70!!

Stifel is no slouch.  I hope this will distributed through their U.S. retail brokerage as well.  That would be massive!!
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