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2.7¢ st george mining limited

Drilling continues...., page-89

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Kipper01

8,122 Posts.

653

10/02/22

14:10

Post #: 59486249
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Originally posted by SandyC ↑

Hey @Kipper01

There has been lots of speculation regarding the S1 hole over the last few weeks but at this time no one outside of St George knows how it is going. Yes many (including me) were expecting results weeks ago but that does not mean S1 is a dud. Many reasons why drilling could be a lot slower than we all expected including depth, hole accuracy, rig maintenance and breakdowns, rod failures, drill bit issues, weather and drilling crew changes and availability of new crews in this new Covid environment. Many companies across Australia have been impacted by personnel availability due to the Covid pandemic spread, vaccines mandates and lockdowns and I see explorers such as St George in the same boat as everyone else, so lets not discount the potential impact of this on the S1 hole progress.

All I can say until there is an official announcement is that as hard as it is we all just need to stop the speculation (or letting it influence our thinking) and stay patient as all will be revealed soon.

I am still positive on S1 as nothing has come to light to make me think otherwise.

Cheers
SandyC

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Good on you Sandy ... Level headed explanatory opinion as anticipated. Much appreciated. Thanks.

Kip

SGQ Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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