SGQ 0.00% 3.1¢ st george mining limited

Ann: Diamond Drilling Underway at Mt Alexander, page-52

  1. 5,169 Posts.
    lightbulb Created with Sketch. 432
    Yo @Trapper - how goes it good fellow?

    Yes a call out to all the old timers, like myself who have been sleeping all winter to what feels like an absolute eternity.

    As per @helmenesh 's post above, a shout out to @mulac1 @SandyC @Heave Ho @Trapper (your good self) @Interested onlooker @tradealot @Kipper @ozblue @Averagejoe2013 @Corker@Drezed and her ladyship @Maureen22... and many many many others.

    A glimmer of hope in the following items & the positive impact (or potential impact) in the SGQ share price.

    (1) Nickel Spot. No words required IMO

    https://hotcopper.com.au/data/attachments/3694/3694684-20c8d535bb3ace2e7e4cf2a8424b2665.jpg


    https://hotcopper.com.au/data/attachments/3694/3694687-d535a489d39e4075b543770ad97227e1.jpg

    (2) LME Nickel Warehouse Stock Levels

    3 words... Supply AND Demand

    https://hotcopper.com.au/data/attachments/3694/3694690-333868fac3074d94d36ae32c34bae64c.jpg

    https://hotcopper.com.au/data/attachments/3694/3694692-dade69f289838142de1a6c9b144c6d8c.jpg

    (3) 2nd Drill Rig @ Paterson


    @Trapper 's Q on the 15th of Oct

    "Second DD rig to drill Patersons was due to arrive early October as announced 13/9. No mention of this in current announcement. Good to hear from some of our long term holders. CheersTrapper"

    I sent an SMS to John P last night after leaving him be for well over a month.

    We are still in lock down in Melbourne due to Dr Dan.

    I asked a few basic questions, and one was on behalf of @Trapper 's Q... to which the response was " Second drill rig for Patterson delayed" and we will hear more hopefully next week.

    I'm quietly excited by the prospects of Paterson. Let's keep drilling!

    (4) John's comms.

    Basically indicate that MA activity is heating up. We are looking for more good hits. Check out this announcement for example that I summarised
    in the post at

    (5) This announcement with regards to MAD199 is. IMO significant. Lovely grades with width at depth.

    "Down-plunge continuity of the high-grade discovery in MAD199 – the first deep find at Mt
    Alexander – which returned assays of:

    11.07m @ 1.58% Ni, 0.71% Cu, 1.23g/t total PGEs from 333.5m including

    3.9m @ 3.98% Ni, 1.8% Cu, 3.1g/t total PGEs from 340.67m and including

    1.28m @ 6.54% Ni, 2.96% Cu, 3.88g/t total PGEs from 342.12m"
    Note the great copper grades. Hmmmm - lets have a look at copper...

    (6) Copper spot

    https://hotcopper.com.au/data/attachments/3694/3694712-74e6cb7fc36a623d1ae0bea55bc8e205.jpg

    https://hotcopper.com.au/data/attachments/3694/3694714-94197992f9c5436b9f4a8c5ca9df97ec.jpg



    (7) My final thoughts for the evening

    I'm still sitting on a sentiment of Hold since July. Lets see what seems to be quietly - imminent!

    Drill rigs till the dozen. I repeat ~ drill rigs till the dozen!

    We can do this!


    Gracie
 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
(20min delay)
Last
3.1¢
Change
0.000(0.00%)
Mkt cap ! $30.64M
Open High Low Value Volume
3.2¢ 3.2¢ 3.1¢ $46.95K 1.484M

Buyers (Bids)

No. Vol. Price($)
3 1188241 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 9081 2
View Market Depth
Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
SGQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.