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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 Aug 19, 2021 1:39pm
109 Views
Post# 33731234

BFS/DFS ....upcoming weeks...still uncertain....

BFS/DFS ....upcoming weeks...still uncertain....Ulaanbaatar, Mongolia--(Newsfile Corp. - August 10, 2021) -  Steppe Gold Limited (TSX: STGO):  .....The Definitive Feasibility Study for the fresh rock expansion is nearly complete and headline numbers are expected to be released in the upcoming weeks, with the final report to be filed shortly thereafter.....

STGO about to release "Economic projection" section of NI 43-101 Technical report after a lot of confusion in terms between BFS & DFS ...  The Mist/fog of words created by STGO's magicians was only designed for have a "grace period" .... and now that period expiring...

Currently we have 2 Technical reports, which prepared by GEOSTAT & DRA consulting firms.  What i am wondering is STGO's management never reading those documents, even did not looked at it. Such a Mongolian way, .... "We have tons of project documents, papers that never implemented before, even some of our administrative staffs don't know yet what's the project was..." new governor of UB capital city noted.....

Wasting hundreds of dollars on it....nonsense....What if summarize all those documents in few pages, set realistic goal from it, then establish core KPI to follow on....Can't, means they don't have dedicated experience & knowledge .... "..If You Can't Explain it to a Six Year Old, You Don't Understand it Yourself - ALBERT EINSTEIN...."

Why this administrative only, paperworks costs so much to the shareholders even official disclosures lying on the sedar? ..... What is the purpose of hiring consultants? having around 200 employees? ....  
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