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Steppe Gold Ltd T.STGO

Alternate Symbol(s):  STPGF

Metals & Mining Gold
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 > BFS is due in Q2
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Comment by Jack79on May 14, 2021 8:36am
109 Views
Post# 33202107

RE:RE:RE:BFS is due in Q2

RE:RE:RE:BFS is due in Q2Horrible way...will be "hard try" cross-listing in MSE. Interesting, who will open their "offshore" wallet to invest such a big "loss". Let's see how this "Mongolian way" ends. Somebody explain them meaning of word "MANAGE" & "MANAGEMENT"...;)

TSX market cap around 2.9 trillion USD, MSE 0.00095 trillion eq.to 950 million......Most of institutional investors are BANKS itself. Base ROI=Policy rate is 6.0% pa, Govt bond yield 10.9% pa....means bank will seek at least 6%-11% annual return from their investment. 

MSE latest deal was 6.8-10% pa bond issuance of ETT state owned coal company.....STGO ROI? 


https://www.bondsupermart.com/bsm/bond-factsheet/US60937GAD88

https://www.ceicdata.com/en/indicator/mongolia/policy-rate

https://mse.mn/en/content/list/306



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