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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 Nov 17, 2021 12:06pm
125 Views
Post# 34136611

Welcome to Proceed at your own risk...

Welcome to Proceed at your own risk...That's the banner placed at every gates when someone enters TSX company channels, i guess. .....But wait, what types of risk we're talking about? Is that pure "market risk" or "speculation"? Why STGO's mngmnt always blaming TSX shareholders that repeating like broken disk "shareholders just don't understand"...

BoM (Bank of Mongolia) bought 18.1 tons of precious metal YTD Oct'21. Cyanide import almost doubled in 2020 comparing to 2019, ..1,500 tons. ERD successfuly completed US$ 5.0M 2nd tranche of financing at MSE. ..... Everything looks good.......How much gold BoM purchased in 2019? ... 17.92 tons. Almost same as YTD Oct'21...It was before Covid. 

The Q is Where is that f'cking Logistics catastrophe STGO's management talking about almost in every webinar? I think STGO's mngmnt themselves speculating SP, pushing TSX minority shareholders leave channel with loss...It's not a pure market risk. 

Someone waiting suitable moment when long runners bored STGO's channel & wants unload a boat with loss. That's really hell devil idea...HAH


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