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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 > What's Hot-What's Not
View:
Post by tdsb on Nov 16, 2021 6:12am

What's Hot-What's Not

In overnight trading gold is up very close to $1875, headed towards $1900, crypto's are down 7-8%, and the 10 year Treasury Bond is at 1.6%. I hope you are seeing what I am seeing, gold is a safe haven, as well as shares of gold miners. The 10 year note is a disaster for bond holders, like I said with inflation currently running at 6.2%, bond holders will start running for the exit and some of that bond money will find it's way into the gold market. As far as crypto's are concerned if they crash, and crypto's are extermely volatile, some investors in the crypto market will be turning and looking at gold for stability and a return in this crazy world. Gold looks to be on the cusp of heading over $1900, and a new high. CHEERS!
Comment by Goldy63 on Nov 16, 2021 7:32am
I agree TD. Gold is trending higher and some will come to Gold stocks and when they get a gander at the bonanza hits so far on SGN weare going to get a major rise in sp and next assays are only going to bring a lot more eyes to this play . Looking at the last 2 NR,S we are certainly due more assays and yup 17 more holes to come . Bring it on and  then the trolls can go crawl back under there ...more  
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