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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 Dec 01, 2020 8:42pm
115 Views
Post# 32015399

RE:RE:revised.......$2.8M+ payout for CFO

RE:RE:revised.......$2.8M+ payout for CFOWhat have you "uncovered?"

You're an uneducated fool who cries day and night.  Manangement has built a mine, which most never do...It spins off cash and will continue to do so. Things have been a rocky for sure, the main operation guys hasn't been in country since February because of Covid. Things happen but those ounces don't just disappear into thin air, they just get picked up and produced  next quarter.  It would be great if the company increased production, but i'm happy at a 45k to 50k per annum run rate... if it's higher, great!  Shortfalls happen in business all the time!! You learn from them and improve as time goes on. 

CEO.CA is not where official filings appear you fool.  They appear on SEDI as per requirement by regulators.  Maybe if you stopped spending your lonely days and nights on message boards you would know that... but I guess this is where you come to find your strange(insane) form of companionship.

Share prices go up and down... as time goes on the share price will rise.  The company has done circa US$10M EBITDA in the first 2 Q's of production... that's a run rate of US$40M. Based on circa 70M shares... that's US$0.57 per share Ebitda which means the company is trading after currency conversion at less than3 times Ebitda!!  The share price will catch up in due time.  The main catalyst will truly be the Feasibility Study and the resourse update which whill show the life of mine. Once that's in play then you can see the true horizen on this asset.

As far as Eric Sprott...he writes BIG CHEQUES and you write on message boards! HAHAHA
Your'e a loser.



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