SGQ 20.6% 4.1¢ st george mining limited

Ann: Mt Alexander - Exploration and Development Update, page-49

  1. 663 Posts.
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    The Canadian stuff up was a complete oversight and technical incompetence. I agree with many of the comments here in relation to that. I however hold a difference in opinion about the impact it will have. I think it is a blessing in disguise. I could never understand why they were doing a scoping study and resource drill out of just Stricklands when it has always been a 3 deposit project. Surely it should incorporate all 3. Any study done on one project IMO will just be underwhelming and have a negative effect on the share price. The delay will at least hopefully allow the incorporation of Investigators and Cathedrals (which I have no idea why it has been ignored for so long). Cathedrals actually has some of the best grades and has always been my pick of the 3.
    So even though a delay is disappointing, at least it will hopefully allow it to be done the right way, albeit 3 years too late. If I have waited 3 years for this to happen I can wait another 6 months.
    Let’s just hope we can get a share price catalyst before we end up at 5c and a billion shares on issue.
    Last edited by 2011doogs88: 22/12/20
 
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