Interesting comments on posters and not the stock by a few here. You guys do know this is a discussion board, not a cheer squad, or that's what it's meant to be..
As I asked the other day what companies are the 'peers' to St George?? They would be companies with lots of drilling, but no resource of any kind and no mention of the word spodumene in terms of lithium. Anyone care to mention the Mcaps of these peer companies?? I dare say way below the $41M of this mob.
What SGQ have found and mentioned about lithium was lepidolite in some of the early surface samples, no petalite and no spodumene so far.
I keep an eye on SGQ because I use to own it, a couple of times BTW, over several years, so it's only appropriate I keep following it to see how my decision to exit turned out. So far exiting at 12.5c seems like a great move at a breakeven price. I entered at around 12.5c watched when it went to 17c then hastily exited as it fell (probably helped it to fall).
If you want a cheer squad only then go start your own forum, meanwhile some of us will keep looking at this with a very wary eye, based on all the incorrect information given by management in announcements over the years, and some terribly bad bullish calls by some (including me a few years ago!).
Right now IMHO everything rides on the deep drilling that hit 120m of pegmatite from 631m deep to 752m deep. If that comes up with anything less than a decent width of high grade spodumene, at that depth, then the SP will likely plunge back below 3c. The existing hits of 16m of 0.25%Li2O are not worth anything, and there is only one of those....
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hmmmm....
