Good morning all.
Happy Sunday! Beautiful sunny day in Melbourne.
Tens of thousands of Melbourne Football Club supporters are off to the MCG to celebrate our BIG win, Oh what a year it was,
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Winners are grinners. It's been a long long 57 year wait. Just like Melbourne FC - St George will, one day - be top of the pops. We won't be sitting at 6 cents. I saw the same with Gold Road [ GOR.AX ] many years ago. Gold Road slid from 55 cents to 35 cents to 32 cents, all the way down to 6 cents. Now Gold Road is cira $ 1.50 and just paid shareholders its maiden dividend.
There are some very good reasons why we are now 6 cents. We have had a crap year. 2020 wasn't much better.... and then came SEISMIC GEOLOGICAL SURVEYS.
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Will seismic research be a game changer? @SandyC certainly thinks so.
Here is an excerpt from St Georges recent announcement on the 1st December.
Did you read it?
Do you understand it?
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What does seismic surveys mean to St George and what has been happening in this respect of the last few months?
@SandyC added his interpretation to our recent announcement. Do you understand?
"
For those that do not understand the significance of this announcement, seismic surveys are very expensive and have traditionally been used very successfully for Oil and Gas exploration. In the last 10 years or so they have been refined and used very successfully to validate huge deep Nickel deposits extensions at some of the world’s biggest nickel mines.
Because of the significant expense nickel explorers do not use seismic surveys unless they are extremely confident the area being surveyed has massive nickel sulphide otherwise it is a very easy way to go broke.The survey has the ability to detect direct deposits at depth that are many multiples of their size and is the only method that can properly define sharp boundaries and structural and lithological structures in the subsurface. St George’s ground has massive sulphide scattered all over it and we all know it has come from below so the
seismic approach was an excellent decision imo.
"
Source :
https://hotcopper.com.au/posts/58014365/single
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A picture paints a thousand words...
Any questions?
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5 Year Copper Spot...
No words required.
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PGE's ...
Of which we have plenty!
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An SMS to John P today...
After re-reading our recent announcement in full this morning [ available at
https://hotcopper.com.au/posts/57985382/single ]
My SMS topics were - Seismic 2D, MAD 203 assays, MAD 204 assays & MAD 205 assays. Drill & crew for early 2022 to drill the seismic targets. News from Canada. When are you in Melbourne, let's catch up.
John's reply's :
Assays for MAD 203 and MAD 204 are 8 weeks away.
More important will be the DHEM to be completed next week.
Drilling to start in late Jan / early Feb 2022. DDH1 locked in.
Canada met work - initial results this month [ Dec 21 ]
Trying to be in Melbourne end Jan 2022 for the IMARC conference.
Any questions?
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Getting the band back together...
For some decent research, opinion & quality banter!
A shout out to
@helmenesh @Heave Ho
,
@Trapper
,
@Interested onlooker
,
@tradealot
@Kipper
@ozblue
@Corker
All the best to shareholders
Gracie
Disclosure : I have been a shareholder of St George since 2012. I am down on my current holding approx 48 % [ 12.5c ] Along the way I have bought and sold. I have sold many parcels at a healthy profit. I haven't sold a single share in over 2 and a half years. I stopped buying about 18 months ago. Now sitting on my largest ever holding in St George. My investment is the heaviest in my whole portfolio. One word - Seismic !
) my enthusiasm is being rekindled and have been slurping back at the trough absorbing a few more. My holding is well short of where it was a year or two back but is well off the floor anyway
(20min delay)