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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

Post by tdsbon Nov 16, 2021 6:12am
156 Views
Post# 34130432

What's Hot-What's Not

What's Hot-What's NotIn overnight trading gold is up very close to $1875, headed towards $1900, crypto's are down 7-8%, and the 10 year Treasury Bond is at 1.6%. I hope you are seeing what I am seeing, gold is a safe haven, as well as shares of gold miners. The 10 year note is a disaster for bond holders, like I said with inflation currently running at 6.2%, bond holders will start running for the exit and some of that bond money will find it's way into the gold market. As far as crypto's are concerned if they crash, and crypto's are extermely volatile, some investors in the crypto market will be turning and looking at gold for stability and a return in this crazy world. Gold looks to be on the cusp of heading over $1900, and a new high. CHEERS!
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