@tbirdsrgo .. Why should I bother reading your posts when you claim you only read the first line of mine??
Unlike you I do show the appropriate courtesy and read peoples posts. Most of your concerns have been more than adequately answered in my prior posts.
1 Announcements count!! NOT phone calls ... I can imaging your reply if I did ring JP and posted that he stated "No more pegmatites of any interest". Would you believe it?? No of course not, so ringing anyone and reporting back here is a waste of time and effort, mainly because he could not say anything that was not announced!!
It's absolute amateur hour to think you will get information not in the public domain via a phone call. Either that or the company director is derelict in their duties. Which do you think it would be??
2 Yes this is a junior explorer, but it has a Mcap way higher than just about all others junior explorers that have NOTHING!! SGQ have drilled hundreds of holes in this tenement and have nothing to show for it!! There are plenty of drillers and diggers that have a resource but also have a much lower Mcap!!
As I stated earlier another junior explorer that announced this morning discovery of spodumene, in a prime area mind you, but has a Mcap still less than one third of SGQ!!
This mob is way overpriced for what they have!! (nothing!!) You are the one that doesn't understand diggers and drillers because it is all about risk/reward. If a D&D has a high Mcap before discovery, the potential reward is a lot less than one with a low starting Mcap. I invest in companies with very high R/R ratios and good odds of discovery. For example one I'm currently in has pegmatites of over 60m width, has spodumene (but no grades or intersections of spodumene reported yet), yet has a Mcap of $20m less than SGQ. There is much higher possible reward in something like that!!
3 An announcement about the rest of the RC drilling is way overdue IF they found anything. Plus first assays were due by now, according to the announcement on 25th of October. The most logical reason for 'no information' about the rest of the pegmatite drilling is that there is nothing to report!!!
Here's a quote from over a year ago, by you no less...
https://hotcopper.com.au/posts/57680052/single"
The ASX Listing Rule 3.1 Immediate notice of material information provides:
“Once an entity is or becomes aware of any information concerning it that a reasonable person would expect to have a material effect on the price or value of the entity’s
securities, the entity must immediately tell ASX that information.’”...and again "Continuous disclosure requirement applies to those that may have an affect on sp or value. The fact there has been no ann implies there is no news that will impact sp or value?"https://hotcopper.com.au/posts/57824814/singleOr we could go back 20 months ago when you were so confident... "
my assessment is that they are likely within a few holes of a very good strike"
https://hotcopper.com.au/posts/52827420/singleHow many holes drilled since without that good strike??
Not once in failure after failure have you changed your 'belief' that this is a good company, despite huge dilution and still nothing. It kind of makes me think you are more attached to this mob than just a speculator. It's only the insiders that stay bullish on a stock not matter what, or how overvalued it is.
We are many weeks past the conclusion of the RC drilling of pegmatites, so why should anyone think there is anything worthwhile in them??
Your own words from over a year ago suggest they have nothing, so what's changed?? The SP before the 'lithium' hype was 2-3c, why shouldn't it return there very soon based on poor results to date and the completion of the lithium drilling with no announcement??
(20min delay)