Q&A - Investor RealtionsHi,
I asked some questions and Jag from incestor realtions gave me the following answers:
- When will the financial report for fiscal year 2016 be reported – this should be released in about a week. - When will the Q1/2017 financial report be reported – we have 60 days from our quarter end to release these. - Custer and Oromonte deposit are still in the permitting process. When will the permission be granted – we are expecting permits later this year. - The calculated reserves remaining at Mineral Ridge are enough for another year life-of-mine. How will Scorpio ensure a longer life-of-mine – we will be conducting exploration drilling to outline new resources. We have a very large land package at mineral ridge. - Is the Goldwege processing facility already activated for custom toll milling (Lode-Star Mining) – the goldwedge facility is ready to go and we are moving forward with lode star to active the custom toll milling. Additional news will be released shortly. - Are there any plans to use Goldwege for Scorpios deposits (Goldwedge, Keystone and Jumbo) - yes. We will be drilling these properties in order to outline resources in order for them to be mined at the goldwedge mill.
Was ist die Scorpio Gold-Aktie wert ? | wallstreet-online.de - Vollstndige Diskussion unter:
https://www.wallstreet-online.de/diskussion/1163341-301-310/was-ist-die-scorpio-gold-aktie-wert - When will the financial report for fiscal year 2016 be reported – this should be released in about a week.
- When will the Q1/2017 financial report be reported – we have 60 days from our quarter end to release these.
- Custer and Oromonte deposit are still in the permitting process. When will the permission be granted – we are expecting permits later this year.
- The calculated reserves remaining at Mineral Ridge are enough for another year life-of-mine. How will Scorpio ensure a longer life-of-mine – we will be conducting exploration drilling to outline new resources. We have a very large land package at mineral ridge.
- Is the Goldwege processing facility already activated for custom toll milling (Lode-Star Mining) – the goldwedge facility is ready to go and we are moving forward with lode star to active the custom toll milling. Additional news will be released shortly.
- Are there any plans to use Goldwege for Scorpios deposits (Goldwedge, Keystone and Jumbo) - yes. We will be drilling these properties in order to outline resources in order for them to be mined at the goldwedge mill.
I'm looking forward to the financial report. In 09/2016 they had 10Million CAD in hand; perhaps they are having now more cash compared to the current MCap. Successfull drillings will be key to boost the share price again. But what will they do with the exisiting cash-in-hand? Liabilities can easily be serviced. Hoepfully they will use it to expand their business.
Greetins from Germany,
Michael
- When will the financial report for fiscal year 2016 be reported – this should be released in about a week. - When will the Q1/2017 financial report be reported – we have 60 days from our quarter end to release these. - Custer and Oromonte deposit are still in the permitting process. When will the permission be granted – we are expecting permits later this year. - The calculated reserves remaining at Mineral Ridge are enough for another year life-of-mine. How will Scorpio ensure a longer life-of-mine – we will be conducting exploration drilling to outline new resources. We have a very large land package at mineral ridge. - Is the Goldwege processing facility already activated for custom toll milling (Lode-Star Mining) – the goldwedge facility is ready to go and we are moving forward with lode star to active the custom toll milling. Additional news will be released shortly. - Are there any plans to use Goldwege for Scorpios deposits (Goldwedge, Keystone and Jumbo) - yes. We will be drilling these properties in order to outline resources in order for them to be mined at the goldwedge mill.
Was ist die Scorpio Gold-Aktie wert ? | wallstreet-online.de - Vollstndige Diskussion unter:
https://www.wallstreet-online.de/diskussion/1163341-301-310/was-ist-die-scorpio-gold-aktie-wert - When will the financial report for fiscal year 2016 be reported – this should be released in about a week. - When will the Q1/2017 financial report be reported – we have 60 days from our quarter end to release these. - Custer and Oromonte deposit are still in the permitting process. When will the permission be granted – we are expecting permits later this year. - The calculated reserves remaining at Mineral Ridge are enough for another year life-of-mine. How will Scorpio ensure a longer life-of-mine – we will be conducting exploration drilling to outline new resources. We have a very large land package at mineral ridge. - Is the Goldwege processing facility already activated for custom toll milling (Lode-Star Mining) – the goldwedge facility is ready to go and we are moving forward with lode star to active the custom toll milling. Additional news will be released shortly. - Are there any plans to use Goldwege for Scorpios deposits (Goldwedge, Keystone and Jumbo) - yes. We will be drilling these properties in order to outline resources in order for them to be mined at the goldwedge mill.
Was ist die Scorpio Gold-Aktie wert ? | wallstreet-online.de - Vollstndige Diskussion unter:
https://www.wallstreet-online.de/diskussion/1163341-301-310/was-ist-die-scorpio-gold-aktie-wert