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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 30, 2021 4:06am
192 Views
Post# 33780513

Prohibited actions for open market by law...

Prohibited actions for open market by law...manipulate securities market shall be prohibited:

1. 
LAW ON THE SECURITIES MARKET of Mongolia: Any trade which is intended to give market participants a false impression as to the trade being actively conducted whereby the holders were not changed or to enter buy or sell orders simultaneously for a similar number of securities giving similar prices and to trade by plotting shall be considered a false trade.

2. NATIONAL INSTRUMENT 23-101 TRADING RULES by OSC: Manipulation and fraud: results in or contributes to a misleading appearance of trading activity in, or an artificial price for, a security or a derivative of that security

Real SP will be much lower than around C$1.40, how long it keeps stable at 1.40 - 1.45 ? I don't understand the logics of trading STGO's channel .... 
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