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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

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Post by Goldy63 on Feb 01, 2022 1:52pm

Hummm.

Decent Vol and a small Pop. $0.090.01 | 12.50%Bid: 0.09 x 7000Ask: 0.095 x 48000Volume: 307,000
Comment by Totalmetalhead on Feb 14, 2022 1:15pm
it could be weeks before they get this turned around. Management has very few options aside from the strong possibility to sell one of the gold reserve assets.
Comment by Gold_Bullion on Feb 16, 2022 10:57am
The director's loan late last year was suppose to be repaid either end of 2021 or the next $1M raise. They're due for something. Wonder if they will do another loan or perhaps an M&A deal. Suspect they're in blackout now. Dont see them selling off one asset. They worked hard to fight off Waterton - must be for a strategic reason.  They still have a chance to connect the ...more  
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