Steppe Gold Ltd T.STGO

Alternate Symbol(s): STPGF

Metals & Mining Gold

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.

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Steppe Gold Ltd

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Post by Jack79on Dec 09, 2024 9:18am

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Post# 36352376

Mining in the Mars, NPV(7.5% discount)...HA-HA-HA

Funny, Mongolbanks's policy rate is around 11%, Mongolian foreign bond yield is around 8.5% pa. How this "Intergalagtic" astronomical 7.5% comes? Every $1 will go to the loan repayment+Boroo's bond. How they'll generate excess cash? HAH .... If you want to invest in Mongolia, better buy Govt. bond with floating yield 8.5% or just place it in deposit with 18% interest.

Wonder, what the h'll ANAL-syst analyzing?

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