Post by
Jack79 on Aug 19, 2021 1:39pm
BFS/DFS ....upcoming weeks...still uncertain....
Ulaanbaatar, Mongolia--(Newsfile Corp. - August 10, 2021) - Steppe Gold Limited (TSX: STGO): .....The Definitive Feasibility Study for the fresh rock expansion is nearly complete and headline numbers are expected to be released in the upcoming weeks, with the final report to be filed shortly thereafter.....
STGO about to release "Economic projection" section of NI 43-101 Technical report after a lot of confusion in terms between BFS & DFS ... The Mist/fog of words created by STGO's magicians was only designed for have a "grace period" .... and now that period expiring...
Currently we have 2 Technical reports, which prepared by GEOSTAT & DRA consulting firms. What i am wondering is STGO's management never reading those documents, even did not looked at it. Such a Mongolian way, .... "We have tons of project documents, papers that never implemented before, even some of our administrative staffs don't know yet what's the project was..." new governor of UB capital city noted.....
Wasting hundreds of dollars on it....nonsense....What if summarize all those documents in few pages, set realistic goal from it, then establish core KPI to follow on....Can't, means they don't have dedicated experience & knowledge .... "..If You Can't Explain it to a Six Year Old, You Don't Understand it Yourself - ALBERT EINSTEIN...."
Why this administrative only, paperworks costs so much to the shareholders even official disclosures lying on the sedar? ..... What is the purpose of hiring consultants? having around 200 employees? ....