@gc2016 Grudge to bear?? Mate I'm one of the few posting here that have made money on this mob!! I've had just under a million shares twice, so have done a lot of research here. Made good cash in 2019, selling shortly after the top, then got out mostly square but kept a few in in 2020, only to sell those those at a small loss a bit later.
After I got out of the major position, I did extensive research as to why my analysis (in being long) was not working. That's when I went to many announcements open at once, cross referencing a lot of the drill data, including down to the trig level to see exactly where the holes went. I also discovered diagrams, cross sections that were incorrectly displayed, some showing over 100m in depth of massive sulphides where less than 1/10 of that existed.
Those cross sections and diagrams being incorrect, and never corrected by the company are everything I hate about junior explorer management, that just continue to sell sizzle, instead of telling investors how it really is. Have a look at the diagram on pg4 of this announcement ...
https://stgm.com.au/uploads/documents/2019_ASX/2000808.pdf
Then tell me of any drill intercepts show Ni mineralisation of over 100m in length like the cross section does. It doesn't exist, yet the company never bothered to retract and correct.. Yet diagrams like that always give the impression there is a lot of nickel here, when in reality there isn't..
That's why I'm still here, to point those inexperienced investors/punters, who haven't done enough research, in the direction of where and what to look out for. I'd prefer everyone made money out of their punts, but when the SP keeps going against you in a largely bull market, then you should be questioning your investment, not defending it..
If I was so wrong the SP wouldn't be going down...
My grudge is about accurate reporting, and this mob is terrible at that, even the latest announcement shows big red splotches where massive sulphides exist, yet are way out of proportion with what is there. The announcement stated an EM conductor was 13m X 10m but when
@Dazedandconfused measured it from map, using the scale, it was 25m X 20m, just further misleading BS from the company, not retracted...
(20min delay)