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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 20, 2021 11:19am
218 Views
Post# 34149310

Tax loss selling

Tax loss sellingTax loss selling started early this year in july and August, a lot of gold miners started moving up a little in September and October. There might be a small amount of tax loss selling left but it is minimal at this point. It would be wise to be buying gold stocks now as the price will approach $1900 and maybe retrace and then go back over $1900 for the big run. The last 6 years were good to investors who bought gold stocks in November and December and were positioned for the Q1 run. Remember you need to think ahead of the herd to be successful always looking down the road pays dividends, and you must be a trader, not like The Itallion Stallion but you must learn how to buy and more importantly when to sell. CHEERS
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