SGQ 0.00% 2.5¢ st george mining limited

Ann: Update - Mt Alexander Nickel-Copper Sulphide Project, page-27

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  1. 1,275 Posts.
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    Canada met work cann be a saving grace but who knows when that will come. Being do close to surface and being an open pit mine means low cost and difficulty to get the metals out of the ground. The high purity means it should be easy to process but all this stuff and how much stuff the is we need to wait for the met work from Canada to let us know what's going on under there. If this had been done right we'd still be sitting in the teens imo and cap raise at 10 - 12c but this is reality and it didnt happen. All the rest of the talk is just opinions whereas the facts are that Canada met work stuffed up and the company shareprice got hammered coz of it. Then unsuccessful drilling and delay after delay and miss after miss here we are at sub 8c. Who takes the blame for Canada? imo Management without a shadow of a doubt. Who takes the blame for the missed holes in exploration? theres a few factors involved here but at least they are having a go when the drills are spinning. Management lost alot of credibility coz of Canada and they need to be held accountable for it it's so amateurish and during a pandemic where all decisions are crucial in keeping confidence that should have been watched over like a hawk at every step. That's the difference between great management and average or imo well below average management in this case.
 
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