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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

Comment by chonasison Nov 17, 2021 2:54pm
64 Views
Post# 34137536

RE:RE:RE:ERD vs STGO..Equity or Loan?

RE:RE:RE:ERD vs STGO..Equity or Loan?
Down?? What the bejeezus are you talking about? You think because I bought a small number of shares at 2.80, I am "down" on STGO? I also bought shares at IPO at 2.00...those are "down" too...But I have a buttload at under a buck from back in the 2018/2019 timeframe....I am "up" by you and tour short term outlook buddies perspectives...but I am not down or up anything...it is a long term position. Long term is not days, weeks, months. They IPO'd in 2018...It hasn't even been 4 years for these guys and look what they've accomplished despite a pandemic. You can deny the earth is flat, or that logistical issues are not a real thing (look around at many many many other companies right now). It has been a slower ride for sure....I think they are a full year behind where I hoped they would be right now, but I think catch up will be quick too when they start leaching. They just secured 1/2 of what they need for ph2 in like 2 weeks after they releases DFS headlines. I am the "only one"???? Are you joking? Look at all the institutional holders with big positions...they haven't gone anywhere, and in some cases (Fidelity) have accumulated more. Yes, if you are a day trader and short, myopic, impatient investor...it has been a disaster for you. My shares...all of them..including the ones at 2.80 will be fine...If they continue to execute Ph2, start leaching, and of course any positive results from UK and ATO further drilling. Eric Sprott and the other Instos have more patience and a wider outlook and understanding than your small fry chummies on here...don't make that mistake. Why do your chummies post on here SO MUCH if they hate the company? Ever ask yourself that glaringly obvious question? Jack is on here like twice a day for pete's sake. Is he out there doing the same warnings for every (or any) other company out there. He aint fooling anyone with his BS. JMHO
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