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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

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  • LowcapmocapX
Comment by Lowcapmocapon Jan 27, 2025 10:24am
72 Views
Post# 36422221

RE:RE:New Research Report..Multiple Bagger Upside

RE:RE:New Research Report..Multiple Bagger Upside
There's a lot I could break down but I'll keep it short. I'm bullish but the stock is not reaching 145m cad by 10 bagging. Dilution is inevitable via current warrants and future raises. A proper updated feasibility study needs to be done to acknowledge current costs mining so that 42m EBITDA is just speculation at best. Treat that article as a positive opinion piece instead of a report.
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