SGQ 0.00% 2.5¢ st george mining limited

Ann: Quarterly Activities and Cashflow Report, page-37

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  1. 287 Posts.
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    hold on though ... in that clip posted yesterday JP's saying that we are going to "drill drill drill". I have a lot of time for this company and management but on this item their relative performance has been sub par.

    I dont understand how other companies can secure rigs (AOU has multiple rigs for 12 months, POS have two rigs pinging holes underground) yet SGQ have often failed to get more than 12hrs a day of drilling.

    Holders are calling at least two 24hr DDs in addition to the possible RC rig earmarked for the northern tenement and also activities at Paterson's. I suspect the reality is that is that JP will be just talking about 1 rig at each project site for a few months at a time.
 
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