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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 > STGO's push downs...
View:
Post by Jack79 on Nov 05, 2021 11:10pm

STGO's push downs...

The company downgraded since officially announced production starts. Is it possible? Something unusual, i think. Almost after every NR SP down. A while i watching 5 min talk about BFS, what i'm thinking is CFO cannot explain WACC-5%. Funny....don't even know what is that 5%, i guess. 

Unqualified, COPs...are main reason why one of the potential company downgrading since production startup. Playing with Independent auditors & TSX shareholders like movie "Hide & Seek"....

What if hire pro executive team & let them fix all the sh't done in the past?...IMO
Comment by Ogopogo007 on Nov 06, 2021 9:04am
Jack - what a novel idea...hire people that know how to mine not just talk sh!tt !! I recall Pinocchio boasting...Steppe has people that know how to run heap leah pads in winter...we will run all winter long Funny how that turned into "shutting down production as planned 'cause it's cold during winter" Of course that news came out after Q1 was over, helping SP tank No wonder ...more  
Comment by Jack79 on Nov 06, 2021 9:42pm
Ogo....you know? COPs, unqualified personnels is like a cancer. They'll destroy qualified ones in a few months, make them leave company. Their toxin spreading through company in a light speed. What was thinking is STGO is a not like a gold mining company. More like a vehicle that similar to Sole Proprietorship owned by family members.  Lack of internal control resulted misstated ...more  
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