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Scorpio Gold Corp V.SGN

Alternate Symbol(s):  SRCRF

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

Comment by VCman2809on Nov 06, 2020 12:08pm
213 Views
Post# 31851840

RE:RE:RE:RE:RE:RE:RE:.18 GETTING CRANKED

RE:RE:RE:RE:RE:RE:RE:.18 GETTING CRANKEDSo Murray let me see if I understand what you are saying. You believe that the Gold reserves are worth more than $150 million and that the company has not done a proper valuation of the site prior to the vote. They made a deal with another company that if they spent $35 million on drilling they could own the site for $35 million that is worth $150 million. Sound like you are on to something. If this is the case their are probably more plants in this company than you know about.  It would not surprise me if the company that wants to do the work will inflate the $$ amounts spent to reach $35 million just to steal the property.

If this is true this waterton company as they say on the I love Lucy show. Lucy you got some splanning to do.
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