Ann: St George Commences Drilling at Paterson, page-145

@VatreniHR .... "Too bad, the broker data doesn't point to a P&D, the primary accounts selling bought none."

LOL, you should get better educated.. Institutions use multiple accounts (go and read a few substantial holder notices from literally any company, and look at how many different entities they spread substantial holding among!!) mostly with more than one broker. They don't want any one broker knowing their overall plans and front running them.

If there was anything genuine about the rise last week, the SP would not have fallen to new lows, plus the company would have released whatever positive information a genuine pump was based upon.

No info from company, plus back to new multi year lows means, P&D plain and simple.

I've been negative about SGQ for about a year and a half since I worked out the deposits at Mt Alexander were way smaller than most thought, plus I clearly stated they didn't have enough to declare a MRE, which meant all the work on a scoping study was just wasted cash IMHO.

The Mcap for a junior explorer without any resource and no signs (as in released assays) from current drilling program on new greenfield ground is quite low, often $10m or below.

This still has a long way too fall if the Paterson drilling comes up with nought.

My next prediction about SGQ is that at some point in the next month or 2 they will come up with a U-beaut new drill site at Mt Alexander that again promises the world, just like every other drill campaign there. Of course what it will really tell the market is that we came up with nothing at Paterson... IMHO of course...