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Bullboard - Stock Discussion Forum SouthGobi Resources Ltd V.SGQ

Alternate Symbol(s):  SGQRF

Energy
SouthGobi Resources Ltd. is an integrated coal mining, development and exploration company. It owns a 100% interest in the Ovoot Tolgoi open pit coal mine (the Ovoot Tolgoi Mine), and in the development projects, the Soumber Deposit and the Zag Suuj Deposit. These projects are located in the Umnugobi Aimag (South Gobi Province) of Mongolia, all of which are located within 150 kilometers (km) of... see more

TSXV:SGQ - Post Discussion

SouthGobi Resources Ltd > Iphones and tesla parts
View:
Post by monstapeake on Sep 30, 2021 9:37am

Iphones and tesla parts

created in China from energy sourced to coal.  China consumes mucho thermo coal and is experiencing shortages.  An article on rt.com this morning defines China's problem finding energy. 
Sgq is situated to do well given the circumstances explained in the article.  Looking at the chart i.e. nearly straight up I am thinking there has got to be a pull back.  Will be watching. mpke
Comment by biggerr on Oct 01, 2021 6:21pm
It was the mother of all pullbacks. Now we have to wait for another rally, the price of coal is still way up there
Comment by biggerr on Oct 03, 2021 11:35pm
The price of coal is at all-time high at $235, up 7% from yesterday - this pos better be up tomorrow or else, hee
Comment by biggerr on Oct 05, 2021 1:54pm
What, they got tired of selling and decided to buy back some shares?
Comment by baranja on Oct 05, 2021 7:13pm
They were issuing some shares and insiders sold but  It was probably arranged buy/sell.
SouthGobi Resources Ltd
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