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STTCOMP SGQ, FA LONG well it's been a few years since I took a...

  1. 11,490 Posts.
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    STTCOMP SGQ, FA LONG
    well it's been a few years since I took a stt pick but I think SGQ is deserving of a pick .
    SGQ current MC is $52M with current cash of around $2.5M and around 250 million shares on issue .
    I think we should see a start to the next round of drilling at Mount Alexander within the new two weeks and my interest will be focused on what further cobalt SGQ come up with .Along with their nickel,copper and PGE's SGQ have already found a decent amount of cobalt and the recent move into the area by ARL,VIC and a few other pty's suggests to me that the area is going to be a hot spot for cobalt sulphides occurring with nickel sulphides which will be able to be processed to a very valuable concentrate .See my earlier posts and maps a few hours ago to get an idea of the neighbourhood . Aldoro Resources which has been picking up ground in the area has Peter Wall as a director so some smart blokes are moving into the area
 
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