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Bullboard - Stock Discussion Forum Sixty North Gold Mining Ltd C.SXTY

Alternate Symbol(s):  SXNTF

Sixty NorthGold Mining Ltd. is a Canada-based company, which is developing mining operations for gold on the 100% owned Mon Gold Property, approximately 40 kilometers (km) north of Yellowknife, Northwest Territories (NWT). The Mon Gold Property consists of over 13 contiguous mining leases encompassing approximately 494.28 hectares and one mineral claim, comprising an additional 127.75 hectares,... see more

Bullboard (CSE:SXTY)

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Comment by adroitnesson Feb 28, 2021 9:12pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sell side on market depth

Do you know who it is?  A broker friend told me the same.  I called the guy and he has had a lot of successes and a couple failures. That was my main negative - the inside group makes all ...more  
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Comment by givemeabreak1on Feb 28, 2021 8:55pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sell side on market depth

Droit as I recall the guy who is making all the money is the same guy who made all the money on a former NWT property which went belly up!
44
Discussion
Comment by adroitnesson Feb 28, 2021 8:52pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sell side on market depth

Correct, 15000 ounces over eight years aside from the neighboring properties. Also mill next year - agreed.  I have personally had contractors blast a road for me and next year maintenance cheap ...more  
67
Discussion
Comment by givemeabreak1on Feb 28, 2021 8:24pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Sell side on market depth

Droit the mine produced 15k ounces over an 8 year period!   Droit they are doing the winter road right now and moving equipement in to do a bulk sample.  Mill equipment next winter at ...more  
69
Discussion
Comment by adroitnesson Feb 28, 2021 5:52pm

RE:RE:RE:RE:RE:RE:RE:RE:Sell side on market depth

My understanding is they are restarting a mine that has already produced 15,000 in the nineties and the equipment and access road is already there.  Counfan, correct me if I am wrong, but the ...more  
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Discussion
Comment by givemeabreak1on Feb 26, 2021 10:00pm

RE:RE:RE:RE:RE:RE:RE:Sell side on market depth

Droit  I am still waiting for their financials!  The last report I see is like 6 months ago?  If I recall correctly they had a Nov 20 balloon payment that was postponed to early this ...more  
48
Discussion
Comment by adroitnesson Feb 26, 2021 5:45pm

RE:RE:RE:RE:RE:RE:Sell side on market depth

I am not coinfan and I agree it is surprising they had to reprice such a small financing. The main issue is the insiders closed a five cent financing with full warrants and gave themselves five cent ...more  
50
Discussion
Comment by Coinfanon Feb 26, 2021 3:41pm

RE:RE:RE:RE:RE:RE:Sell side on market depth

well its good that this one is closed its better then no close. 
43
Discussion
Comment by givemeabreak1on Feb 25, 2021 7:09pm

RE:RE:RE:RE:RE:Sell side on market depth

Coinfan I am not sure how you spin the fact that they were unable to close the original financing as a positive. Further replaced it with a financing with little cash, a lower price and cheaper ...more  
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Discussion
Comment by Coinfanon Feb 23, 2021 4:41pm

RE:RE:RE:RE:Sell side on market depth

Financing is closed now at 5,5 Cent.. now they have some Cash and no open private placement...
48
Discussion
Comment by adroitnesson Feb 22, 2021 4:29pm

RE:Just got off phone PP closed

Unfortunately, they had to sweeten the deal.  Anyway, good news press release as the roads are good to mobilize equipment.
44
Discussion
Comment by EdwardMon Feb 20, 2021 3:18pm

RE:RE:RE:Sell side on market depth

problem is stock price is lower than PP price, much harder to close
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Discussion
Comment by wasluckyonceon Feb 18, 2021 11:47am

RE:RE:Sell side on market depth

Pp closing has got to be close ...also getting the equipment on site must be close as well
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Discussion
Comment by Coinfanon Feb 15, 2021 5:09pm

RE:Sell side on market depth

Order book looks much better now, we need the close of the last PP and a better Goldprice then sxty would move to 10-15 Cent easily.
51
Discussion
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