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Bullboard - Stock Discussion Forum 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... see more

TSXV:SGN - Post Discussion

Scorpio Gold Corp > Regulatory Intervention
View:
Post by MBockhold on Oct 20, 2020 2:09pm

Regulatory Intervention

Scorpio's public disclosure in their MD&A and the Circular is inadequate, inaccurate and misleading. There is literally no disclsoure in the Circular nor is their a 3rd party valuation or fairness opinion. Brian Locke (CEO) also refused to address these issues:

https://bockholdinvestment.com/wp-content/uploads/2020/10/Locke-Recording-Fairmont-Pacific-Rim-Sept-28th-2020.m4a

Scorpio's release in April 2020 sites P+P reserves of 216,700 oz at US$1500 gold yet their NI43-101 in January 2018 sites P+P reserves of 273,500. Typically reserves go up when the price of gold rises. 

Titan discloses buying a Mineral Resource of 350,000oz

We have requested the BCSC and TSX postpone closing the Titan transaction pending clarification of these discrepencies and receipt of a 3rd party valuation. Clearly, Scorpio shareholders are not receiving fair value in the Titan transaction.
Comment by doyourdd5000 on Oct 20, 2020 7:43pm
Hey Murray! Glad you recently joined stockhouse to post about this here. Shareholder of 2020 here, I was wondering what your interest in this is exactly. Very curious as I read into your article - besides the grammatical errors (as you also included over here on stockhouse) I didn't see any correlation between the Gryphon Gold case and SGN/TI. This transaction has ALREADY been approved by ...more  
Comment by BasementTrader on Oct 20, 2020 8:41pm
I feel bad for Brian Lock being harassed by someone like you. The acquisition is simple math $100 USD per ounce of Gold estimated. Which is the average in the industry... You don't do well for the company posting this stuff and scaring shareholders. They should have a lawsuit going after you, nevermind the other way around. It's simple you have shares that you can hold or sell, so sell if ...more  
Comment by disosa on Jan 07, 2021 11:45am
 any news on this? is this why we are stuck in the 0-14 -0.16 price? any other catalysts in the pipeline so we can move higher except higher gold prices? boring stock last months.. last PR from a few months back
Comment by disosa on Jan 07, 2021 11:47am
i was referring to this: Regulatory Intervention Scorpio's public disclosure in their MD&A and the Circular is inadequate, inaccurate and misleading. There is literally no disclsoure in the Circular nor is their a 3rd party valuation or fairness opinion. Brian Locke (CEO) also refused to address these issues: https://bockholdinvestment.com/wp-content/uploads/2020/10/Locke-Recording ...more  
Comment by BasementTrader on Jan 07, 2021 6:42pm
alot of drilling going on both properties. Wait for results and we will breakout then.
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