Steppe Gold Ltd T.STGO

Alternate Symbol(s): STPGF

Metals & Mining Industrial Metals & Minerals

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

Steppe Gold Ltd > 2021 - another year of promises and big misses?

<< Previous

Bullboard Posts

Next >>

Post by Ogopogo007on Jan 01, 2021 12:40pm

152 Views

Post# 32207367

2021 - another year of promises and big misses?

2019 - 12,000+ oz Au Eq sold Actual - ZERO
2020 - 60,000 oz Au Eq sold Actual ..wait for Q4 results but 35,000 is new mngmnt number

BFS - close to or over triple digit IRR % Dare to dream
UK - elephant or mouse?
ATO - 3M oz was Wood's comments in recent video
Dilution shares - lots in 2019, and again in 2020. Already indicated PP to get listed in Mongolia
Royalties - already gave away 3% in UK without even knowing what's there, I expect a whack more with ATO buildout and if UK warrants further development

What will be left for shareholders? Crumbs from the masters table?

JMHO

<< Previous

Bullboard Posts

Next >>

Visionstate set to leverage success in the U.S. market