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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 23, 2021 9:02pm
134 Views
Post# 33912344

So quiet, but "Platform" still working in background...

So quiet, but "Platform" still working in background...Something not right there, the last hope for shareholders is BDO auditors...lot of misleading numbers in their financials. Gap between TSX disclosures & local statutory reporting. That might be one of the main reason why there was a delay for obtaining cyanide permit on time, i guess...

What i am confusing is, are there was logistics issue or permits issue? Cyanide permit is temporary, valid for only 1 year. Last month Bank of Mongolia (BoM) bought 1.9 tons of precious metal, then who producing a gold? Others have reagents, STGO don't...why? Artisanal miners? I don't think so....BoM purchasing reached YTD around 12 tons of precious metal...interesting, who the f'cker producing gold...

No insider buyback...strange...is Mngmnt leaving that vehicle?




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