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Good stuff, John. Admittedly I hadn't given much thought to...

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pow4ade

7,968 Posts.

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25/02/18

13:47

Post #: 31324558
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Originally posted by john435 ↑

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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Good stuff, John. Admittedly I hadn't given much thought to SGQ's cobalt... Doh... but of course it's a star in the EV revolution. Will now review my investment there which is largely free carried.

Regarding the weekend freedom theme here's a favourite quote from The Name of the Rose by Umberto Eco:

Yes, the truth may set us free. So long as it's not confused with endless amounts of freedom, which sets itself up as the truth.
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