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 miketrikeon Nov 07, 2015 7:20am

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Post# 24269322

RE:RE:RE:The sellers of SGN can't read financial statements very well

You would have to ask the company what is their AISC. I don't know the exact figure.

Peter Hawley tried to save the company when he made the $15 million financing deal with Coral Reef in March. Everyone hated the deal at the time, except me. I bought shares because of this deal and sold them immediately when the deal was cancelled.

If this company goes under I don't blame Peter Hawley, I blame ignorant shareholders and insiders for not seeing the obvious.

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