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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

Post by Jack79on May 16, 2021 3:34pm
160 Views
Post# 33211655

Was TSX shareholders as an Angel investors?

Was TSX shareholders as an Angel investors? MSE welcoming STGO...Kh. Altai, Executive Director of the Mongolian Stock Exchange (MSE) says: "...Right now, we have Steppe Gold as the second company all set to be dual listed...enjoy the benefits of growth in share prices and getting dividends.." another fact he noted: "...Domestic investors prefer to hold shares in large and established companies. That way, shares of some banks will be in high demand..."

He clearly defined local investors behaviour that STGO can't fill & attract currently. Shareholder means sharing P&L with Debts too. Who wants share such a big loss, mass failure & blown up Debts...  

Interesting? Who will be "long" on STGO at MSE?


https://www.mongolianminingjournal.com/a/71536
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