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

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Comment by SimplyTheFactson Mar 23, 2014 7:32am

210 Views

Post# 22356759

RE:RE:RE:RE:RE:Why is SGN selling off for no reason?

Good post MUDbone, the insider selling is of no consequence. The selling had nothing to do with SGN, if you look at any Gold stock you will see two to four times the average vol on Friday. It's the footprint of "The Boys" leaving, obviously it was not retail selling... Why would the big money cash out? Possibly because gold is going lower and a prolonged consolidation is at hand.

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