Cheers also to you mulac, Love your optimistic thinking.Keep it...

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helmenesh

1,195 Posts.

1035

30/06/21

11:46

Post #: 54171258
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Originally posted by mulac1: ↑

Hi Tradealot and Helmenesh,

Sadly, the SP is at a dismal low and most likely for all the reasons that you both outlined. And maybe some tax loss selling.

I am still bullish on SGQ at MA. There are several elements that could trigger interest including:

* Details of Stricklands and its economic viability. Surely there must be imminent news?
* Analysis of DGPR data for 3D modelling to assist in shallow resource definition at Radar; Cathedrals and Investigators.
* eVibe siesmic survey at Investigators and West End
* securing drill rigs especially in relation to the MAD201 updip conductors of 120,400; 30,000; and 23000 siemens.

I don't believe that the Company will give up on MA at this point in time. There is no doubt, that to continue on at MA and Paterson, SGQ will need to fund multiple explorations and the last CR will only take us so far.

I know many are not in favour of Paterson expenditure at the expense of MA. However, if the drilling provides indications of cu/au presence, we may see some JV action or other monetisation deals.

IMO, there are many possible exploration positives that could work in conjunction to give the SP a definite boost.

My glass is half full at this point in time and i still believe SGQ to be a buy.

Cheers and may the new financial year be a prosperous one for all.

Mulac1

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Cheers also to you mulac, Love your optimistic thinking.

Keep it up!

Helmenesh.

SGQ Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
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Cheers also to you mulac, Love your optimistic thinking.Keep it...

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