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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 Sep 04, 2021 4:44pm
194 Views
Post# 33814800

Borrow own savings paying extra 3.6% interest...

Borrow own savings paying extra 3.6% interest...That's quite interesting logic... No f'cking gold, no sh't DFS...CFO went crazy while dreaming about $200.0M fundraise. WTF happened to MSE? Where all analysts gone? BDO auditors refused to accept STGO's disclosures, Gold is 100% collateralized in 2 local banks, MSE listing failed due to poor financial performance, Deficit in cash but STGO invested in local bank $5.0M then borrow own invested money paying additional 3.6% pa interest. Abnormal managing style of financials. ... ERD stock jumped to next level. Announced tier-2 stocks trading at MSE....Why others performing much better than STGO?
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