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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TSXV:SGN - Post Discussion

Scorpio Gold Corp > Tax loss selling

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Post by tdsb on Nov 20, 2021 11:19am

Tax loss selling

Tax loss selling started early this year in july and August, a lot of gold miners started moving up a little in September and October. There might be a small amount of tax loss selling left but it is minimal at this point. It would be wise to be buying gold stocks now as the price will approach $1900 and maybe retrace and then go back over $1900 for the big run. The last 6 years were good to investors who bought gold stocks in November and December and were positioned for the Q1 run. Remember you need to think ahead of the herd to be successful always looking down the road pays dividends, and you must be a trader, not like The Itallion Stallion but you must learn how to buy and more importantly when to sell. CHEERS

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Comment by Goldy63 on Nov 20, 2021 10:19pm

TD . More importently when to sell ok . Buy low , sell high on a run and hold a core for long play . Winter plays that have no drift and have a good float and great grades and assays coming and I believe with these huge hits so farthat more is coming well hey flip away . To many flippers not enough investors but hey talk about Crypto and Emps with Silver . Me down realy give a damn . Much ...more

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Comment by Goldy63 on Nov 21, 2021 8:25am

Tax loss selling imo is a good time to pick up some cheap shares . Some need the money for Xmas but a bargain to be had is a good thing. SGN is a race horse just waiting for more beauty gold assays to fly . TD .Check your messages please . Cheers .Long SGN.

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