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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 chonasison Feb 26, 2021 11:48am
86 Views
Post# 32671395

RE:where is the 60,000 oz produced in 2020 ?

RE:where is the 60,000 oz produced in 2020 ?Douglas "Ogopogo" the Janitor....I think it's pretty clear that he's talking about a run RATE of 60,000oz per year.....But that doesn't fit your FUD narrative does it?  They didn't start production until April (Q2) of 2020, so why would/how they have produced 60k oz in 2020 (calendar year)....who cares about calendar years (especially the first calendar year of production)?

Keep mopping your floors......

BUT in other (actually relevant) news - Stifel/GMP seems to like the results - Raised their price target to $4.00:


"Repeating a ‘Buy’ rating on the stock, they added: “We have increased our target to C$4.00 and continue to rate the stock as one of our Top Picks in the gold space. STGO offers excellent value, in our view trading at a discount to peers on spot P/NAV and 2021 P/CF metrics.”

https://ca.paidpromotionalmessages.com/companies/amp/news/942358

But yah, keep on FUD'ing in a free world there...JMHO

Chonasis
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