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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

TSX:STGO - Post Discussion

Steppe Gold Ltd > Mining gold...2 methods
View:
Post by Ogopogo007 on Apr 07, 2021 7:40pm

Mining gold...2 methods

  1. Production from an operating mine, complete with cost of production, sales and (hopefully) profits. if done properly, can result in heady profits for shareholders in a takeover
  2. Webinar gold - where gold is mined out of "thin air", future production numbers, costs & profits seldom intersect with reality. Massive dilution is usually the only outcome for shareholders...years later share price barely matches IPO. Mngmnt usually "looks after themselves first"
Draw your own investment conclusions

JMHO
Comment by Jack79 on Apr 07, 2021 10:36pm
I agree, but want to add another method..."Crypto gold mining". It's type of mining but not the physical gold...https://ardholdings.com/en/steppe-gold-announces-a-plan-to-list-on-the-mongolian-stock-exchange   .... Leaving TSX and landing MSE...investment advisory is Ard Holding Financial group... https://ardholdings.com/en/crypto-nation-fund-closed-with-110-percent ...more  
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