SGQ 7.69% 2.8¢ st george mining limited

Ann: Mt Alexander - Drilling Update, page-94

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  1. 1,195 Posts.
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    Thank you for the compliments peejay2, we try to help each other in whichever way we can. SGQ is an honest explorer and will eventually get there. Yes it is believed that progress has been slow, not really so, they have a big area with very limited financial and commensurately small staffing availability in order to stretch out the dollars.With a capitalisation base from around 500 Mill shares, I think they have had exceptional success so far. When this ellusive strike that they are chasing materialises, as Sandy explained very succinctly, it will carry the company forward and upwards over the next 3 years. We have many results coming through in the next 3months and I'm sufficiently optimistic that there may be enough time to capitalise on the options in a small way as well.

    Cheers peejay,

    Helmenesh
 
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