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Bullboard - Stock Discussion Forum 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... see more

Bullboard (TSX:STGO)

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(198)
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  • drunk@noonX
Post by drunk@noonon Mar 25, 2025 10:59pm

It was in their financial statement notes on sedar.

It's not called a hedge, perhaps a streaming agreement, where they agree to deliver the gold at 2000 an oz, which they extended to june 2025. LOOK IT UP.  Something stinks.
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(55)
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  • AlfTannerX
Comment by AlfTanneron Mar 25, 2025 11:32am

RE:I made my small position smaller. They rolled the 2000

Why do you think they "rolled" the $2000 hedge?  The hedge expired at the end of 2024.  They only way they could "roll" it is if they entered into a new hedge, and it ...more  
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  • drunk@noonX
Post by drunk@noonon Mar 25, 2025 10:00am

I made my small position smaller. They rolled the 2000

dollar hedged contract forward  till middle of 2025. Makes no sense if you care at all about shareholders.
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(198)
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  • drunk@noonX
Post by drunk@noonon Mar 19, 2025 1:52pm

I don't trust management, but I can't resist

the financial metrics at 3000 gold. Have a small position, and would like to buy more, and likely will, because I never learn.
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(198)
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  • drunk@noonX
Post by drunk@noonon Feb 22, 2025 10:07pm

The following scares me, as per Sedar statements.

Intercompany Transactions with Fellow Company (CGM) 48,389 48,041 Bonds Purchased from Indirect Parent (Boroo Singapore) 54,337 119,337 Interest Receivable from Indirect Parent (Boroo Singapore ...more  
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  • drunk@noonX
Post by drunk@noonon Feb 22, 2025 4:06pm

The good and the bad. I don't like management. They are

not mining guys. The canadian is an empty blue suit who brings nothing to the table. When I sayw the old Ausy guy interviewed, I though, good a mining guy. i.e someone capable of building/running a ...more  
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(0)
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  • carrymaryX
Post by carrymaryon Feb 21, 2025 5:35am

Tickmill: A Comprehensive

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(55)
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  • AlfTannerX
Comment by AlfTanneron Feb 19, 2025 6:11pm

RE:Without the aquisition, they would be producing, what

I would have never bought this stock without the Boroo merger.  Without Boroo, they were a pathetic company, and they did not have the money to execute ATO phase 2.  Now they are rolling in ...more  
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  • drunk@noonX
Post by drunk@noonon Feb 19, 2025 3:06pm

Without the aquisition, they would be producing, what

15,000 oz's. And this was the mine they were going to build the company around and they were going to make other discoveries and become a dominate fource in mongolia mining. Well, what happened to ...more  
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  • drunk@noonX
Post by drunk@noonon Feb 18, 2025 1:18pm

Don't trust management but I couldn't resist buying

some shares based on the financial metrics. Why don't I trust management. I followed the story when they were hyping the mine they were building and as you can see it's dramatically ...more  
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  • drunk@noonX
Post by drunk@noonon Feb 17, 2025 9:20pm

It's a max of 7125 oz a year they pay back according to

note of financial statements on sedar. That's good in that it's barely noticable, esp once prod hits 100,000 0r more as of next year.
Comment by SNgu8000on Feb 17, 2025 11:28am

RE:RE:They have to provide 50,000 oz gold for $2000 oz as part

SHOULD ALREADY BE PRICED IN !  Risk/Reward still OK .
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  • AlfTannerX
Comment by AlfTanneron Feb 17, 2025 11:07am

RE:They have to provide 50,000 oz gold for $2000 oz as part

I am pretty sure the $2000 hedge was from Boroo, and it expired at the end of 2024.  They should be selling at spot price starting in 2025.  That should give a big boost to Q1 earnings.
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  • drunk@noonX
Post by drunk@noonon Feb 16, 2025 9:13pm

They have to provide 50,000 oz gold for $2000 oz as part

of their aquisition. Anyone know how many years can this be spread over? That sure was costly.