SGQ 2.86% 3.6¢ st george mining limited

Ann: 2020 Begins with More Strong Results, page-50

  1. 1,275 Posts.
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    Blaming ppl for being disappointed in the lackluster performance of the share price given results achieved this far is unjustified imo. The shareprice of other nickel stocks has risen 50 odd percent whilst SGQ just blows off and positivity with ease. Unfortunately the team has raised alot of money at low prices causing a stagnation even though the results are definately in the positive basket. Raising at 10, 11, 12c should never have happened imo and a strategic partner at a premium who would have held the shares and not taken profits wouldve been a better option. This imo would have been a better way to keep the value of SGQs shareprice up and shareholders happier. I think this is one thing I am disappointed in myself also with the team. Unfortunately now the damage is done and will take a big hit of mineralisation to rid the stagnant sp and justify the team taking the slow approach to exploring the tenements and the low ball capital raisings in order to keep going it alone.
    Last edited by Averagejoe2013: 29/01/20
 
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