SGQ 5.00% 2.1¢ st george mining limited

you're not alone. eerily quiet on this thread. Technical...

  1. 287 Posts.
    lightbulb Created with Sketch. 50
    you're not alone. eerily quiet on this thread.

    Technical risk is high on this one and currently this risk is being realised in delays for MAD180 and the absence of info on MAD182 suggests something similar.

    The depth also presents another key challenge too. There's a higher degree of difficulty in this compared with other juniors.

    unfortunately this is all on the back of a mis-firing programme escalation 12 months ago.

    I look back at a post from @PetraPhysica a few months ago. He seems to know his stuff and referred to this programme as a series of evenly spaced pilot holes unlikely to strike mineralisation but as springboards for EM surveys. I suspect we're a while off yet but as always, would welcome an early surprise.

    The market is rewarding credible exploration and results - even 2m massives at the Saints has the markets attention. Old Wolfe in Sweden is even getting people's attention - ridiculous action on AQI yesterday on the back of a board shuffle. Our neighbours at ARL have doubled in the past 5-6 weeks.

    Agree it is hard sometimes to hold SGQ with this market backdrop. Personally I view us as having a 4-6 months window and that's it. DYOR. Disclosure: hold AOU, and missed AQI (6c) + ARL (27c) whilst researching them.
    Last edited by Jordan: 08/08/20
 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.001(5.00%)
Mkt cap ! $20.75M
Open High Low Value Volume
2.1¢ 2.1¢ 2.1¢ $2.371K 112.9K

Buyers (Bids)

No. Vol. Price($)
14 1621215 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 6896 1
View Market Depth
Last trade - 14.46pm 28/03/2024 (20 minute delay) ?
Last
2.1¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
2.1¢ 2.1¢ 2.1¢ 70662
Last updated 14.46pm 28/03/2024 ?
SGQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.