Scorpio Gold Corp V.SGN

Alternate Symbol(s): SRCRF

Metals & Mining Gold

Scorpio Gold Corporation is a Canada-based company, which holds 100% interest in two past producing mines, the Manhattan Mine and the Mineral Ridge Mine, both located in the Walker Lane Trend of Nevada, United States. The Company's Manhattan District comprises the advanced exploration-stage Goldwedge Project, with an approximately 400 ton per day gravity mill. Adjacent to Goldwedge is the 4,300-acre Manhattan Project, which is centered on two past-producing pits. The Goldwedge property is located approximately 54 kilometers north-northeast of the town of Tonopah within the Manhattan Mining District of south-central Nevada. The 726-hectare (1,795 acre) property covers three separate claim blocks and encompasses the Goldwedge, Keystone and Jumbo gold deposits. It also holds a 100% interest in the Mineral Ridge gold project located in Esmeralda County, Nevada. The Mineral Ridge property comprises approximately 5,617-hectare (13,879 acre). The Company has acquired the Northstar property.

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Scorpio Gold Corp

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Comment by laskin_49on Apr 11, 2012 7:40pm

115 Views

Post# 19783237

RE: RE: A question for sam2100

Thanks sam, I will give you my opinion. My feelings is that Waterton fits the bill of a predator financer, and if that is what proves out, Peter and Scorpio could be splashed with some of that mud in the court hearings if they have any questionable items in their own broom closet. If Waterton proves to be a predator Scorpio may want to be careful in their own dealings with Waterton. Looks as though Golden Phoenix may made a big mistake dealing with Waterton. Scorpio probably should go back with a very fine tooth comb over of their own Waterton agreements. It will be interesting to see if this kind of case is handled under Nevada laws the same way they are handled under Canadian mining laws. Nevada has a long history of sorting out mining disputes. Attempted land grabs in Nevada are old hat.

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