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2.5¢ st george mining limited

Ann: Trading Halt, page-23

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gc2016

5,415 Posts.

363

15/03/22

13:26

Post #: 60200317
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Originally posted by bigfastjohn: ↑

SGQ is a speculative miner whose only source of money is the shareholders, be they individuals or SOPHS etc. Until such time as SGQ becomes profitable/self sufficient its only option is to keep calling on anyone who will buy either more or get involved as a new shareholder. Everything the company does costs dollars especially drilling holes down to 800 metres or more. so fund raisings will always be needed until such time as we can find an income stream of sufficient size to finance exploration.I accept that. What I want to know is if S2 was a duster and I hope not then isn't this information very relevant to my decision to commit more money to the cause. I think it would be improper to raise funds while withholding information of such relevance

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I'm guessing some news will come of that before SPP is done and dusted as they generally take weeks....if your a Soph on the CR that is another story as that will be finalised in days

SGQ Price at posting: 6.3¢ Sentiment: Hold Disclosure: Held
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