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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 27, 2021 10:40am
248 Views
Post# 34172041

Conventional Crash Yesterday

Conventional Crash YesterdayThe Dow Jones took a big hit yesterday, (down 905 points, it's a good thing markets closed at 1:am or they would have intervened). If this downturn carries on the margin calls will come in and we will start to see forced selling. The Federal Reserve has been priming these markets with printed fiat for a long time. The can will get kicked down the road for as long as they can make it happen. Chairman Powell and The Fed have only one option which is to print even more money throw it at Wall Street and hope it sticks. The price of oil fell yestersay I think we shall see a Deflationary Depression rather than an Inflationary one. CHEERS
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