Bullboard - Stock Discussion Forum Scorpio Gold Corp V.SGN

Alternate Symbol(s): SRCRF

Metals & Mining Gold

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

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Scorpio Gold Corp > Fear And Greed Index

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Post by tdsb on Nov 07, 2021 1:15pm

Fear And Greed Index

All traders must be aware of the dangers posed by the conventional markets. They are way overbought, and a crash in the conventionals could occur at any day. The conventional market has an extreme greed level reading of 85, anything over 82 is considered very dangerous. If the conventional's go down they will drag the precious metal stocks with them as everything gets thrown out in the bath water. Precious metal stocks will be the first to recover and remember they are already way OVERSOLD. If the conventional market goes down it is always good to have some dry powder and a list of the stocks you like. Then you can put in a stink bid and I'm sure you will get a fill. Cheers!

Fear & Greed Index - Investor Sentiment - CNNMoney

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Comment by fordster on Nov 07, 2021 1:19pm

Great post TD...you ever look at the bullish/bearish sentiment index on Gold... bearish is strong right now which is like saying it's oversold and it's ready to make a move. Fingers crossed .

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Comment by tdsb on Nov 07, 2021 1:35pm

Hi Fordster, I agree, like I just stated I think we saw the bottom in precious metals on October the 5th. I really wish you would drop your personal vendetta with Goldy, I think you are far too intelligent a person to keep bringing up bad feelings which are obviously playing on your mind. Forget being negative it will only destroy you internally. Life is short, try to make the best of it. CHEERS!

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Comment by fordster on Nov 07, 2021 2:22pm

Thanks brother...we figured it all out. I have peace. It's just that he'll be pulling in others. But I'm cool- I understand. I really want to follow this stock. I hope I'm totally wrong on the MM side of it. take care bro

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Comment by BasementTrader on Nov 07, 2021 2:47pm

I can see every trade on my software. Market maker bought 14,000 at 13 cents Friday. The MM in this stock doesn't hit asks but does support bits, trades them out for a half cent profit afterwards. Fair market.

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Comment by BasementTrader on Nov 07, 2021 2:48pm

I only follow stuff that have names like Richard Warke, Guistra, Eric Sprott.... That's who is needed to build these small juniors.

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Comment by Goldy63 on Nov 07, 2021 3:28pm

Agreed BT. A big fish is what every junior wants as you then know that theres money to had if need and reading up on Mr. Warke and his mining creds Wowsa . As for brining in others hell yes several of my friends bought in and several more will be posting as they are still trying to accumulate more shares so IMO why would anybody have a problem with that is beyone me . Fresh blood is always welcome ...more

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Scorpio Gold Corp