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.

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Steppe Gold Ltd > Cash flow positive every Q

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Comment by Jack79on May 18, 2021 7:59am

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Post# 33220555

RE:Cash flow positive every Q

Funny...Buratino in Land of Fools (russian version of pinocchio)..everything reversed in that land...It's REVERSE logic Ogo.....i assume that's the core of "Mongolian Way"..

throw BFS, says let's just do it without paper. no plan, schedule...says just mine that sh't, quickly crush & stack, now pour the gold. Can't imagine, what a excess "traffic" in there....No LTI, accident, which is good, but i guess, it's only in the paper, X files...

Now they have gain on forex & deb.reval. last yr same Q around $3.6 mill forex loss....what a fluctuation. Or manipulating fin. numbers?

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