SGQ 0.00% 2.5¢ st george mining limited

Ann: Trading Halt, page-47

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  1. 1,195 Posts.
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    Good morning barny,
    I was under the impression that SGQ is a minerals exploration company. So,do you mean to say that the latest results from the gravity survey that showed a bunch of anomalies, their possible correlation to the mineralisation found to date, their association with electrical geophysical anomalies and their relationship to the structural setting proximal to a major fault in the region are a porky pie story made up by management in order to push the share price up, yet have nothing to do with the price going up because these findings are signs that we are possibly getting closer to a cluster of mineralised pods?

    the philosophy of investing in a mineral exploration company, particularly a junior one, should focus primarily on the progress of technical results if one has the tenacity to put up with the vageries of the game, having been satisfied of-course with the integrity of management and its technical staff. Yes, I believe the people running SGQ are decent and sincere people who are focused on the success of this company. If science does not conform to the economic expectations, then that is no one's fault and we all move on towards directions that are conducive to one's philosophy.

    barny, I wish you success in your pursuits of investing.

    Cheers,

    Helmenesh.

 
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