SGQ 2.86% 3.6¢ st george mining limited

Ann: More Nickel Targets from Seismic Survey at Mt Alexander, page-132

  1. 9,111 Posts.
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    @tbirdsrgo ... "IMO, is one of the best posters I have come across on the technical threads"

    LOL ....

    From this post....
    https://hotcopper.com.au/posts/37471275/single

    "Hi All I'm not a Geologist, Geophysics or expert explorer and don't profess to understand mineralised systems, structures and exploration so I would love to hear from the experts regarding my thoughts below"

    Your beliefs, and others with the same beliefs, might just be why so many are losing on this, and missing out on huge gains on other stocks while invested here.

    I change my mind on stocks all the time, depending upon what the company has, how it's being run and the overall market situation. This mob has a high mcap ($43m) for a company that is just exploring and has no resource. It was over a year ago when I first stated this mob were going nowhere but down based on a lot of research I did at the time.

    Meanwhile another one of @SandyC pearlers... "Most of us predicted infill would increase the share price as that will prove the resource continuity and allow for a resource estimation. Was always going to be before the end of the 1st quarter as JP made the commitment to do infill at the start of the last drilling program - said infill and resource definition was targeted for the next 6 months."

    20/2/19 https://hotcopper.com.au/posts/37503272/single

    My 'agenda', is that I don't like seeing naive investors taken for a ride by companies that fudge announcements, guild the lily, and keep implying they have more than they do. This mob keeps holding out the carrot of shallow profitable mining, yet if they were being honest they would have released the results from the resource drill out holes and the MRE. Instead they keep waiting for some further results as if they were meaningful..

    For example from the latest quarterly ...
    "Metallurgical test work on the Stricklands deposit is being finalised in Canada. Initial results are expected in Q1 2022.
    The test work is expected to confirm the amenability of the Stricklands ore to conventional flotation processing and the production of separate nickel and copper concentrates."

    They already know this from prior metallurgical testwork, yet they don't need any of it to release a JORC compliant resource!!

    Just finally, I wonder if Sandy is as excited as he was in March 2019...
    "I am very happy with how things are coming together this March 2019.
    There will be Very Good News Soon – I can almost smell it!!!"

    https://hotcopper.com.au/posts/37685043/single
 
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