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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

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  • AlfTannerX
Comment by AlfTanneron Apr 28, 2025 9:03am
52 Views
Post# 36553009

RE:Jack79, you don't know much if you think the TSE or

RE:Jack79, you don't know much if you think the TSE or
drunk@noon, Jack79 does not know anything about anything.  He is a disgruntled investors who bought this stock at the wrong time.  Instead of blaming himself for making a dumb decision, he blames company management.  This is typical of investors who cannot take responsibility.
 
The key to investing is buy low, sell high.  This stock is now at an obvious low.  Jack can whine endlessly about management and Mongolia politics, but none of that matters.  What matters is that this stock has carved out a massive bottom over the last 1.5 years and is ready to enter rally mode.  The trigger to the rally will be the stock breaking CA$.90.  Anyone who jumps on board will likely be rewarded with large gains
 
You do not run across a stock with a massive 1.5 year bottom and a P/E of 2 very often.  When you see it, you need to take advantage.  One of the brilliant things Jim Rogers has ever said was “I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.”  Well, Steppe Gold is the pile of money lying in the corner.  You would be wise to pick it up.
 
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