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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Post by Margreton Oct 03, 2012 11:47am

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Post# 20442660

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Belgie, what do you think of Metanor MTO? Close to production, expects 60k oz per year, currently only $53 million market cap. In safe Canada with slightly more risk in Quebec but they have cheap hydro electric power and subsidy. Near it's 52 week low because of some delays, getting real close to production. Sandstorm bought in and they like exploration upside. Some insider buying now.

Almost all previous MTO investors are in the red because of the price drop. Looks similar to Scorpio Mining where the price drop made all their investors in the red. SPM eventually bounced back up (i took profits too soon on that one). With some production news, MTO could wake up.

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