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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 Ogopogo007on Apr 16, 2021 7:52pm
49 Views
Post# 33015886

RE:RE:RE:7th Turd CFO - and then we shut down for winter as planned

RE:RE:RE:7th Turd CFO - and then we shut down for winter as plannedSo what DD might you of done...other than seeing a presentation and drinking some koolaid?

2019 - koolaid was 12,000+ oz produced & sold , funded to production. Reality was zero ounces sold and massive dilution...freak even the conv deb's conversion got whacked
2020 - koolaid was 60,000 oz produced & sold and no dilution, reality was barely 1/2 60K and a whack more dilution (uncle Eric)

But this year will be different right?

Don't overlook all the other promises made, not delivered. Cronic here.

Phase 2 costs have increased $50,000,000 to $150,000,000 according to a recent Crux interview. 
Debt, streaming deals etc to pay for it...what's left for shareholders?

IMO...SFA

Don't overlook this gang can't even run a simple heap leach according to plan...ph 2 is so much simpler


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