SGQ 3.23% 3.2¢ st george mining limited

Ann: Diamond Drilling Underway at Mt Alexander, page-169

  1. 8,890 Posts.
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    I had long answers for both you and @SandyC but dropped them both. It's interesting how you both do personal attacks instead of looking in depth at your own investment that has consistently performed poorly. I can understand attacking the credibility of a poster when they are wrong, but doing it when they are correct is a bit silly.

    This Seismic survey announcement was really a statement about the failure of the current drilling program, but that part has been neglected in commentary here. Interesting how the company was looking for one main thing in September from the seismic survey, but came up with a different reason to drill after the original reason given didn't manifest itself.
    I think doing the Seismic surveys is a good idea, but for god's, sorry shareholders sake, do it properly if it's worth doing at all. Doing a half-arsed job and making up excuses for it just sets shareholders up for more disappointment next year. I'm sure they have the excuses for further failure already lined up.

    The inconsistencies with this mob are incredible. Remember how they were still looking for a drill rig for the Paterson area? They still haven't announced one for that, but managed to find one for MA in late Jan or Feb next year. What's wrong with sending the first rig available up to do the Paterson drilling that seemed so important just a few months ago??

    It's been a month since I posted here, and in that time there have been nothing but positive posts about how the SP is coiled to rocket higher, based on fluff and hype, all while the SP went to new multi year lows. I can't believe how soft shareholders are towards management of such a pitifully performing company, that has been plumbing new lows in a bull market for nickel.
 
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