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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 > I think only Chonasis could explain STGO's horrible story...
View:
Post by Jack79 on Dec 05, 2021 9:34am

I think only Chonasis could explain STGO's horrible story...

First Chonasis have to explain why borrow own money paying extra 3.2% interest. Then moving to next horror that why STGO's mnmgmt decided to sell 30% for only $8M. + one of the Wonder of the World: Why Bank of Mongolia bought same 20 tons of precious metal as YTDNov'20 this year? What i remember is Aneel said others not able to produce gold due to Covid impact on logistics, if i correct. Was it only STGO's cyanide import problem?

Why BDO left? What was true reason? You know that, Chonasis? Unusual for TSX listed company.

....Q after Q, unsolved mystery
Comment by chonasis on Dec 05, 2021 11:47am
Well...I can't explain stuff you have made up in your own head and post on here like gospel, LMAO! 1. Your 3.2% BS....you made that up... 2. They must have needed to raise capital and therefore had to raise at what they had to raise in order to get production online (as I recall, Cyanide permit delays were hurting them at the time.) Definitely was not the ideal scenario for the shareholders ...more  
Comment by Ogopogo007 on Dec 05, 2021 5:40pm
Jack - perhaps if you want to go back to 2019 and read some of that persons deluded posts why in favor of massive dilution and why it was such a great idea. Still clueless...I put the retard on IGNORE after she argued the diluiton was rather minor. Dumb F can't read If all of the Additional Debentures were issued, an aggregate of US$8.44 principal amount of Debentures will have been issued ...more  
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