SGQ 3.33% 2.9¢ st george mining limited

Ann: High-Impact Drilling at Mt Alexander, page-128

  1. 1,886 Posts.
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    Hey Guys

    I'm encouraged by the support level @0.09... a good sign of what the markets is really is thinking of sgq and its future prospects with jorc, more drilling, patterson's etc. Patience is being practiced really well.

    A bit of a heads up for the newish holders. What were seeing with the slowish update announcement is pretty standard in this 2 rig drilling MO. Hold back and combining two hole results. JP does it all the time to increase the overall result.

    Also the 195 hole rig would already be at 200 ish metres on the next hole, or 400 if a 24/7 crew arrived. So that is encouraging not long to wait for further results. @mulac1 - 2 deep DD left to drill at least (see screenshot)

    The 550 metre 196 hole would be finished today based on 50 metres each 24 hr and no drilling problems / breakdowns.

    On a positive note did you know (fact) that 90% of sgq TH for exploration results occured on a Thursday or Friday. So as long as the drills are turning anythings possible. Hey.... Thur tomorrow, come on statistics do your thing! Not expecting it, would be a nice surprise though.

    Were in for quiet an exploration update, so GLTAH.

    Cheers
    Tradealot


    1-3-21 Ann

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