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2.5¢ st george mining limited

Ann: Trading Halt, page-31

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Twg270

296 Posts.

33

29/04/21

16:58

Post #: 52820464
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Originally posted by vloors: ↑

Always have a stop/loss strategy in place to protect yourself.
Sad to see alot of people lose money in these stocks by being loyal and hoping things will turn around.
End of the day SGQ and plenty of others dont care about your losses and will keep raising CRs to keep their pockets full regardless if anything mineable is found or not. These guys though are burning through cash at a alarming rate.
A company like this stick around long term and your just going to keep getting hit with dilution and lower share price every 2 or 3 months.

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Thanks but there is no such thing as a stop dilution lol. I should have seen the trend earlier. Now the shares are watered down more than American beer. But I have learned a lot like I said, it's just sad that it happened to be all negative lessons from SGQ. I honestly thought they'd do well.

SGQ Price at posting: 9.5¢ Sentiment: Sell Disclosure: Held
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