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3.1¢ st george mining limited

Ann: St George Opens Share Purchase Plan, page-18

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pgrace

5,166 Posts.

431

21/03/22

22:32

Post #: 60329077
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Originally posted by VatreniHR: ↑

"have no shame".

It's an exploration play. I'm not sure what you expected. Yes, it's very sad for shareholders who were involved years ago and have seen their investment diluted or evaporate after successive capital raisings and hundreds of holes.

But that's the risk you take with an exploration play - timing is everything.

John Prineas has made the effort but the drill bit has done the talking, he hasn't been able to uncover the system. It's been like a needle in a haystack.

However, the fact that he's putting in $200k and the new general manager $100k, is suggestive of optimism.

Julian Hanna is an employee and not on the board. How many employees you know invest $100k into their new role? Not only that, he is a geologist with three major nickel discoveries to his name.

If Julian can't figure it out, no one can and we'll know soon enough. People of his standing typically won't lend their name nor their funds to a lost cause. Reputation is everything in this industry.

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Great post @VatreniHR

I agree ~ reputation is everything.

Julian Hanna ~ He's the right man for the job.

All the best to shareholders. Keep your head IMHO and we will be rewarded.

Gracie

SGQ Price at posting: 5.3¢ Sentiment: Hold Disclosure: Held
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Last 3.1¢		Change -0.002(6.06%)		Mkt cap ! $30.64M

Open	High	Low	Value	Volume
3.2¢	3.2¢	3.1¢	$29.61K	927.9K

Buyers (Bids)

No.	Vol.	Price($)
2	550000	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.3¢	448380	5

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No.	Vol.	Price($)
2	550000	0.031
6	3440420	0.030
2	315000	0.029
1	100000	0.028
2	242592	0.027

Price($)	Vol.	No.
0.033	448380	5
0.034	1025000	3
0.035	1740626	6
0.036	333000	2
0.038	30000	1

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