SGQ 3.23% 3.2¢ st george mining limited

Ann: Trading Halt, page-56

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 172 Posts.
    lightbulb Created with Sketch. 39
    A 10m hit would be a very good result...not just for Stricklands but for any channelized nickel deposit. A 4 to 6 meter wide hit of massive sulphide would still be classed as a very good hit, especially if it is shallow. Bear in mind that this is the first test of the one of the 3 EM plates, with the original drilling having missed or just nicked it. Also bear in mind that the 3 plates identified at Windsor have dimensions of 440 x 210m, 900 x 200m and 320 x 200m. Assuming this drill hit is as good as we hope and is representative of the mineralogical grade and makeup of each of these 3 plates, this will be game changing for SGQ. No doubt there will be some impatient holders wanting to jump out but those contemplating selling should remember SIR and that it went from 10 cents to $5 and is currently now in production (under IGO). These sorts of stories are rare but life changing for those that are willing to stay the course.
 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.