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Bullboard - Stock Discussion Forum Scorpio Gold Corp SRCRF


Primary Symbol: V.SGN

Scorpio Gold Corporation is a Canada-based company, which conducts mineral exploitation, exploration, and development activities in the United States. The Company holds a 100% interest in the consolidated Manhattan District in Nevada comprising the advanced exploration-stage Goldwedge property in Manhattan, Nevada with a fully permitted underground mine and a 400 ton per day mill facility. The... see more

TSXV:SGN - Post Discussion

Scorpio Gold Corp > Oh By the way
View:
Post by fordster on Dec 09, 2021 9:32am

Oh By the way

Nov 17 you were 99% shorted which snowballed this decline...they backed off a couple of days shorting enough to maintain control...Nov 26 they hit you with 70%...backed off another 2 day yet maintaining control...Dec 3 they hit you with 91% shorting....backed of again....Dec7 they shorted you 50% and I suspect they've backed off because the damage is done. But I'll update you as that info comes out.

Goldy these are the facts you should be educating your people on if you were a leader. Your a pumper...nothing more nothing less.
Comment by fordster on Dec 09, 2021 10:55am
Nice run up for SGN so far today...10%
Comment by tdsb on Dec 09, 2021 11:40am
Once tax loss selling is over and it won't be long up she goes! The Bullboard doesn't matter although a lot of posters here seem to think it does. What matters is seasonality, drill results, and the psychology of the herd. CHEERS!
Comment by fordster on Dec 09, 2021 11:42am
I suspects the shorts have indeed backed off and are allowing this to run up... I used to say "Follow the smart money." Now I say "Follow the smart money and let's the shorts decimate it first".  My Rover is an example of that.
Comment by tdsb on Dec 09, 2021 12:01pm
There will be a crash in the conventional markets, when it happens you will be able to get incredible buys with stink bids, best to have some cash available. Evergrande has just defaulted on it's debt and they are a big player but a small part of the property market in China. Evergrande is just one of the many corrupt property funds like the hedge funds that are honeycombed and interwoven with ...more  
Comment by fordster on Dec 09, 2021 3:22pm
It was a matter of time...I've read that will set off a chain reaction that will hit us too. Cash is king absolutely agree TDSB. But how stable are the trading houses your money is kept at? Dunno. one could spend (as I do) going around in circles trying to figure out the most defensive play...gold bullion?
Comment by Patrick2Linton on Dec 09, 2021 1:39pm
This post has been removed in accordance with Community Policy
Comment by tdsb on Dec 09, 2021 2:58pm
What we are seeing in this stock is a weak market for precious metal miners, caused by gold presently being out of favor with the investing public, that will change but almost all mining stocks are at all time lows in case you hadn't noticed. This talk about shorts is way overblown by some investors, watch what happens when tax loss selling season is over. Anyone who would short an 11 cent ...more  
Comment by fordster on Dec 09, 2021 3:41pm
Brother TDSB...Shorting in Canada is a serious threat. I'm appalled by what they allow. There are some huge names involved in SaveCanadianminers.com. They took down TUD/TUO/AMK after they had their first great 43-101 report.. (is that right?...oh well I'm tired)... they have performed a massive poop and scoop on us. Konkins interview states we have 50-70 mi oz just in goldstorm- still open ...more  
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