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.

TSXV:SGN - Post by User

Scorpio Gold Corp

Bullboard Posts

Post by vijay99on Jan 22, 2013 7:27pm

363 Views

Post# 20874886

bnn

just saw brieger on bnn, and he was calling for 60k in 2013 and a $1.50 share price. Nothing new but good to see.

I think with Mary adding to production in 2013, 15k a quarter may be possible.

Also I looked at the 3rd quarter earnings and the average au selling price was about 1570 with about a 30% increase in production and a 10% increase in the average selling price coupled with a reduction in the strip ratio we could be at .04 cents in earnings this quarter.

If I am correct we could be hitting 80c soon.

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