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Sixty North Gold Mining Ltd C.SXTY

Alternate Symbol(s):  SXNTF

Sixty NorthGold Mining Ltd. is a Canada-based company, which is developing mining operations for gold on the 100% owned Mon Gold Property, approximately 40 kilometers (km) north of Yellowknife, Northwest Territories (NWT). The Mon Gold Property consists of over 13 contiguous mining leases encompassing approximately 494.28 hectares and one mineral claim, comprising an additional 127.75 hectares, located in the South MacKenzie Mining District, NWT.


CSE:SXTY - Post by User

Comment by adroitnesson Feb 28, 2021 5:52pm
65 Views
Post# 32682503

RE:RE:RE:RE:RE:RE:RE:RE:Sell side on market depth

RE:RE:RE:RE:RE:RE:RE:RE:Sell side on market depthMy understanding is they are restarting a mine that has already produced 15,000 in the nineties and the equipment and access road is already there.  Counfan, correct me if I am wrong, but the financing was to buy neighboring projects from the president personslly and I believe the chairman of the board, successful in other projects running things.  The mine should largely be self sustaining when started as the gold is there if the price iof gold right and aerial support needs minimal.

Main issues are the structure and insider alignment with investor interests.
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