SGQ

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3.6¢ st george mining limited

Ann: Update - Mt Alexander Nickel-Copper Sulphide Project, page-75

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Bullish786

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09/04/21

17:56

Post #: 52366547
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Originally posted by SandyC: ↑

Hi @ozblue. There is a huge difference between the previous shallow interceptions and the current deep drilling program. The shallow intercepts were all remobilised nickel sulphides with no continuity due to subsequent fault events after the formation of the nickel sulphide. The deeper ultramafic, disseminated and blebby nickel sulphide intercepts on the down plunge incline to the north west and Ida Fault are looking to be continuous formation veins with minimal to no remobilisation and that is a huge positive that cannot be under estimated. Having demonstrated the sulphide veins are continuous at depth St George must now prove there are massive sulphides present. If these small EM plates are massive sulphide veins that remain continuous at depth then you can be pretty confident that the source is near and that they may lead to it. Could be directly below or further down dip. Could be 50m, 100m or more and in a multitude of directions. Your guess is as good as mine but my money is on the north west down plunge direction. The key in my view is to prove there are massive sulphides at depth and once this is done the market's ears will prick up and interest will rebuild as investors and miners will get a sniff of the potential $$$s.

Cheers SandyC

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Thank you SandyC for covering and I strongly agree on your analysis and to avoid the negative noise.

@ozblue

I just want to say before you invested in SGQ or any other mineral companies you might have known that tenancy agreement or contract doesn’t include with any minerals confirmation it’s depends on knowledge, skills, expertise and experience.
I am not saying I am right but I am also not saying you are wrong.

Minerals are natural gift it need lots of patience and time to hunt those species.

Basically its risks v/s rewards

DYOR

SGQ Price at posting: 7.6¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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Ann: Update - Mt Alexander Nickel-Copper Sulphide Project, page-75

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Ann: Update - Mt Alexander Nickel-Copper Sulphide Project, page-75

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