SGQ 3.13% 3.3¢ st george mining limited

Ann: Further Significant Intersections at Mt Alexander, page-70

  1. 1,581 Posts.
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    Hi there Tradealot,

    Not sure that I agree with your statement: "This type of shareholder talk and mindset, does exactly what you don't want. It creates concern, anxiety, worry etc and drives the sp down".

    Our little contibution to "shareholder talk” is hardly likely to influence the SP.

    May I also add IMO, there is no suggestion on my part or others, that the gold program is an excercise in changing tactics as you suggest.

    Its on the record, SGQ announced to the market that they were embarking on an upgraded gold exploration program. They then announced that the wet had delayed the program and that had given them an opportunity to further enhance the drill program.

    We now await the next announcement regarding the gold exploration program that is on record as a priority. Not a change in tactics.

    We are invested in a company that has a two pronged focus and IMHO, the gold focus will enhance the SP where as the ni focus (which is a massive opportunity) is hampered by the rock bottom nickel price ATM.

    The company is recently on record trumpeting the EL gold ex program. Lets get that show on the road and then we will see SP improvement

    Cheers
    M1
 
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