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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 > Benchmarking with Artisanal miners......
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Post by Jack79 on Jul 28, 2021 3:02am

Benchmarking with Artisanal miners......

By reading mining sector news in english, what i was thinking is ASGM (artisanal & small-scale gold miner) much better performing than STGO. in 2019 they supplied almost half of gold BoM (bank of mongolia) bought.....Hah...exactly, much better than STGO

https://www.artisanalgold.org/2020/04/mongolia-impacts-of-covid-19-are-currently-low-but-uncertainty-in-artisanal-gold-mining-communities-remains-high/

Why need so much pain, debt, costs to operate such offshore company? Why go deeper once can't pull out gold right from ground surface? Why static big sized crusher once can't operate small sized one? Why build such big heap once can't leach it on time without recovery loss during rainy season? Why waste rss on such a expensive brain washing campaign & speculation/manipulation?

The best solution might invite ASGMs, explain them situation, give them tools, make a royoalty contract, easy....;) Real gold washing machines (ASGMs) will wash real gold (not webinar gold) in a few days, i guess....+ with lowest cash cost, maybe $10 per oz? Shareholders will happy for that, oz washed...not the money.....

JMHO
Comment by pantonor on Jul 28, 2021 9:05am
This post has been removed in accordance with Community Policy
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