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Sixty North Gold Mining Ltd SXNTF


Primary Symbol: C.SXTY

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 blackgold14on Apr 08, 2021 3:10pm
77 Views
Post# 32958158

RE:RE:RE:RE:RE:RE:RE:cbc coverage

RE:RE:RE:RE:RE:RE:RE:cbc coverageThe CBC story had zero impact probably because the article was sparse on details - the huge omission was failing to mention that the company was public and the trading symbol.  I think the stock has gotten a little ahead of itself in the last few weeks.  If you look at the three year chart, we should see it decline again based on past history.  A pullback to 5.5 - 6 cents may come soon if they are some desperate sellers left.  In the past, it seems every short-term rise has been met with relentless selling.   I think the main reason for this selling pattern is that too many cheap priced shares were issued over the years.  Management needs to be more disciplined about what prices it issues shares at in the future.   
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