Entry for STT list SGQ St George Mining FA long With the placement to sophisticated investors completed in a day and heavily oversubscribed I believe there are no impediments to a strong rise in SGQ's SP.Drilling will begin within two weeks on a number of conductors determined by Newexco.These guys have a great team who appear to be very confident of success in locating an economic deposit of nickel sulphides in this drilling program. IMO the strong buying of the SGQO options today indicate that well informed sources are also confident of a discovery and like the leverage offered through the options. It is easy to see from the map below that SGQ have the commanding ground position in this area.I hold three of the juniors shown in this map as I think any discovery will have flow on effect to other juniors with good ground position in the area
