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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 snowshoedbon Dec 09, 2021 1:15pm
218 Views
Post# 34215186

RE:RE:News in case you missed it

RE:RE:News in case you missed itI'm shocked by 2 items.

1) How in the world have properties with historical 18-30 gpt been neglected/overlooked by true exploration companies

2) How is it possible that people have put their money into this project when it is evident that management appears inept and not finance savvy.

If I were a shareholder I would be extremely disappointed with the most recent press release. Essentially they killed the stock price for the next 3 years by extending the warrants until 2024. No warrant holder will exercise their warrants Unless the stock price rises above $.10. The stock price count rise unless they do real work. The consulting fees are extremely heavy and no work is being done. They bought equipment back in March that's the title and has no use. I'm not even sure that the equipment will fit into the mine. The mine is in terrible shape and has no infrastructure. 
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