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 Ogopogo007on Jul 17, 2023 11:16pm

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Post# 35545335

Guess share price matches production misses

So IPO was $2, Pinocchio was promising 60,000 oz eq/yr

Q2 production at 6,663 oz and targeting guidance of 25-30,000 oz for the full year.

so cut SP in 1/2 plus further discount for "pain and sufferering". Yup...$0.77 is about right...will they even pull 25,000 oz eq out of simple heap leach pad this year. WTF is wrong?

Does anyone believe Pinoccho's Ph 2 production numbers?
Fool me once...I won't get fooled again

JMHO