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SGQ - St George Mining

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Grades look good but I'm feeling a bit cynical considering there will need to be a capital raising soon. What does "selective rock chip samples" mean anyway?

I would wait for the details of the CR before stepping into SGQ. Too many unknowns at the moment.

 
Another stock to spike higher on incidental lithium pegmatite sightings on their mineral lease.

Seems like these Li pegmatites are reproducing rapidly in the outback.
 
peter2 said:
Another stock to spike higher on incidental lithium pegmatite sightings on their mineral lease.

Seems like these Li pegmatites are reproducing rapidly in the outback.
Click to expand...
Ahoy there Captain P2

I Don't EVER Question the Charts
I prefer not to know what they do In almost all cases it works out to be Fundamental Nonsense
eg: Those that look for Diamonds sometimes find Gold (Joe Gutnick)
eg; Those that look for Gold sometimes find GOLD or LITHIUM or Nothing

As long as the Chart looks good
"Diversification" is the worst idea I have ever heard of"
Makes no sense me as not all sectors are Seaworthy so why Hoist the HOPELESS when they are doomed to be dragged behind WET Sails

This Diverse strategy to me shows that these people are WOLVES and only want your BROKERAGE or DIRECTORS PUMPING their Share Holdings
IMHO
If lots of Charts say to you to "HOIST" you hoist
If after the event you find out they were all GOLD as in 2019
Life at Sea was GOOD! Very Good!

In 2021 Lots of Good looking charts turned out to be in the LITHIUM classification
In 2022 The Good looking charts turned out to be ENERGY

NB : Does Diversified Work For You?
 
I'm in for another Month in the November Regatta

No sign of any Bad Weather Ahead!
Hold on Tight Brave and Loyal Crew
It doesn't get much better Than THIS

Sailing the SGQ ______One Day at a TIME


PS: Targets are only set for and by Amateurs IMHO

Who knows what is in for us in the future?
In the Short Term
The Medium Term or
The Long term

Not me !
 
From the quarterly out today, after close, at 5:10pm.
Yes, one of those ones....

8.7 Estimated quarters of funding available (item 8.6 divided by item 8.3) 1

8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful?

Answer: The Company continues to manage it cash reserves and will, if required, adjust spending as appropriate. The Company has received informal and preliminary approached from third parties interested in assisting with a fund raising.


Spelling mistakes come free.
Trading mistakes don't.

I wonder if ASUC will investigate "recent trading activity" based off that 2nd sentence in the answer to 8.8.2 by The Company.
 
Raised more capital and is now drilling for lithium in a very prospective area. May need more time than the one month allowed in the March monthly comp. Might consider "dibs" on SGQ for the rest of 2023.
 
peter2 said:
Raised more capital and is now drilling for lithium in a very prospective area. May need more time than the one month allowed in the March monthly comp. Might consider "dibs" on SGQ for the rest of 2023.
Click to expand...


While not wishing to put the mocksers on you @peter2 , Lauckie Mills in Alice Springs stock a dog treat called Dibs. Lauckie as well as being an old fashioned country provisioner outlet sell everything from geese to veterinary supplies and will deliver via Auspost.

gg
 
Selected SGQ again for the monthly comp. Very disappointing in March even though lithium caught a bid (ALBs offer for LKE). Not something I want to buy at present but OK for a monthly selection. Too lazy to find something else with much better prospects.
 
I hope that SGQ remains seaworthy for you @Captain_Chaza. Keep the bailing buckets close at hand.

Recent promising results from their Manta prospect at Mt Alexander. I hadn't realised that these SGQ prospects were in the same geological corridor that is hosting a bunch of lithium explorers (DLI, ZEU, VSR, etc).


 
She is Also Looking for Nickle and Copper in WA
How can I Lose?

Salute and Gods' speed
 
I have Entered my old Prize Winning SGQ Storm Sail again in the FEB 2024 Monthly Comp today

I am very impressed with her Temprimental Drama Queen like" V Bottom Formation"

Sailing the SGQ Storm Sail ----------One Week at a Time--------------- ----&-------------------One Day at a Time

Salute and Gods' speed
 
I have Entered my Prize Winning SGQ Storm Sail again in the MARCH 2024 Monthly--
I Feel VICTORY in my Bones --

I am very impressed with her Temperamental Drama Queen like" V Bottom Formation" on the Weekly Chart

Sailing the SGQ Storm Sail ----------One Week at a Time--------------- ----&-------------------One Day at a Time

Salute and Gods' Speed

 
 
S.P. up over 21 % today to .....oh! my god ! 2 .3 cents . Rare earths in Brazil announcement out today .

The Captain's pick . ( See his most recent post # 2189 ) Well done , Sir .

Only for the brave , though .
 

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dyna said:
S.P. up over 21 % today to .....oh! my god ! 2 .3 cents . Rare earths in Brazil announcement out today .

The Captain's pick . ( See his most recent post # 2189 ) Well done , Sir .

Only for the brave , though .
Click to expand...

That's very high grade, but not that big.

MEI have 1.5Bt @2.4%.

I'm actually not really sure that Rare Earths are that rare, it's just processing the stuff which is rare.

Our rare dirt stocks are taking turns at going up a bit on the back of the China news.
 
Added to my holding yesterday, next 4 weeks fingers and toes and everything crossed, as "the drill bit don't lie"

 
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