SGQ 6.90% 3.1¢ st george mining limited

SGQ: TAKE OVER TARGET ?, page-12

  1. 1,293 Posts.
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    Anything could happen at MA....Decent grades of Nickel Sulphides are there and I think there's a damn good chance of finding a large source at depth. The shallow pods they have already found should be able to be mined cheaply to fund further exploration IMO. I think JP is playing a game and holding off on any JORC hoping to hit something large to add value to what can possibly already be commercially viable to mine.

    If he announced a tonnage now there's risk of a take over at too cheap a price...I don't want that.

    Let's keep drilling and hope to find what we know is there somewhere. Could easily be another Nova type discovery and that's why I am here and like St George.

    Things could turn around with one drill hole...they have done a huge amount of drilling to zone in and damn good chance we are getting close now. Let's hope this drill program is the one!

    GLA
 
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