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3.3¢ st george mining limited

Hi helmenesh I am one of those posters who has benefited from...

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Dazedandconfused

7,558 Posts.

2077

19/01/20

10:45

Post #: 42456496
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Originally posted by helmenesh ↑

Hello BobbyMorane,
pow4ade is correct as always, there is a lot that is happening at depth that is still not understood.We noted before that the extensive faulting and structural disturbances at the Cathedrals Belt will have much to do with where the positions of these blocks of massive mineralisation are. Also there was much denudation of overlying rocks that has brought much of the deeper formed bodies close to the present surface. In other words, where the mineralisation is today, is not necessarily where it was formed. There are other factors at play which contribute in remobilising ore during and after its formation, but I will not get into detail here.

I hope this answers part of your question BobbyMorrane.

Cheers,

Helmenesh.

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Hi helmenesh

I am one of those posters who has benefited from your posts. Good to hear you are on the mend.

Although I happen to agree SGQ has a prospective future, when I go through its history I find the discovery hole which set off all of the excitement is reported in an announcement dated 20/11/2017... i.e. MAD71. It has been 2 years now and still we await confirmation of something more substantial. The story is getting a bit 'long in the tooth'.

Last edited by Dazedandconfused: 19/01/20

SGQ Price at posting: 12.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.3¢		Change 0.001(3.13%)		Mkt cap ! $32.62M

Open	High	Low	Value	Volume
3.2¢	3.3¢	3.2¢	$27.46K	833.4K

Buyers (Bids)

No.	Vol.	Price($)
2	516800	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.3¢	385690	2

View Market Depth

No.	Vol.	Price($)
1	500000	0.031
5	4164288	0.030
1	15000	0.029
1	150000	0.027
2	320000	0.025

Price($)	Vol.	No.
0.033	385690	2
0.034	300000	1
0.035	1518751	6
0.036	1831500	4
0.037	500000	1

Last trade - 16.10pm 18/07/2024 (20 minute delay)

SGQ (ASX) Chart