SGQ

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2.7¢ st george mining limited

Ann: Drilling of New Targets at Mt Alexander, page-105

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Dazedandconfused

7,585 Posts.

2098

16/09/21

08:54

Post #: 56103491
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Originally posted by ozblue ↑

@Dazedandconfused .... "the market is now telling you that they are disagreeing with you. "

LOL If the market was disagreeing with me the SP would be above 12.5-13c when I first indicated it was going down and sold.

How much out of pocket am I compared to you bullish guys for selling then??

Yes the SP has gone up for a couple of days, based on nothing more than traders entering a 'nickel play' because others are high, so hoping for catch up.

What happens when they realise this is going nowhere based on nothing much??

Dud, dud, dud that's what all the drilling has come too so far, yet every announcement is hope, hope, hope for the next drilling, coming soon, followed by more hype on mediocre results again and again, and again..

The more you search in a given area without finding anything major, the less likely it becomes that anything major exists in that area. MHK was in their FIRST drilling program in that area, Sirius were in their FIRST drilling program in that area, CHN were in their FIRST drilling campaign in that area when they discovered Julimar.

Companies always search the most likely spots FIRST after geophysics, then go for less and less likely locations as the area in their temements unexplored shrink. This mob have done just about every type of geophysics possible with all the best spots already searched in..

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"What happens when they realise this is going nowhere based on nothing much??"

A hypothetical question for you. What sort of result would cause you to reconsider your opinion?

SGQ Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
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Last 2.7¢		Change -0.003(10.0%)		Mkt cap ! $29.39M

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Ann: Drilling of New Targets at Mt Alexander, page-105

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Ann: Drilling of New Targets at Mt Alexander, page-105

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