SGQ 0.00% 3.4¢ st george mining limited

Ann: Nickel Targets Confirmed at Mt Alexander, page-42

  1. 3,257 Posts.
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    I think you are way off mate.

    Have you not experienced the typical unexplained pump before a CR.

    Clearly the company needs money to be raised to drill. So who would be buying up so heavily now with a CR days or weeks away. Do not be fooled.

    Also if your happy after 5 years of failure. already 700m+ SOI with another CR on the way. Which would have to be around 5 mill raised at 3c-4c which equals another 100mill-200mill more shares again. So 1Billion shares on issue and a compete reset of the target mineral to lithium. Your pleased with that? To me that is almost laughable. Even if Lithium becomes economical, the company will have 2B+ SOI by the time it gets to its DFS.


 
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