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Scorpio Gold Corporation V.SGN

Sector: Metals & Mining | Sub-Sector: Gold

Scorpio Gold Corp is a gold mining company. The Company conducts mineral exploitation, exploration and development in the United States.
Price: $0.13 | Change: $0.00 | %Change: 0.00%
Volume: 11,000 | Day High/Low: 0.13/0.13 | 52 Week High/Low: 0.31/0.12
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0 stars

the issue..............................

,,............................ at hand for Scorpio Gold shareholders is not an equity financing itself but why would the BOD approve the issuance of over 124 million shares to Coral Reef  Capital LLC?...read more
0 stars

major mutual funds of SGN with significant voting influence

http://quotes.wsj.com/CA/SGN/company-people Retail shareholders deserve answers as to why Scorpio Gold's BOD decided to 1.dilute their investment/speculation with the issuance of over 124 million...read more
0 stars

RE:The board is live again

Belgie, this may have more to do with things that happen in the past. Dont reply to me Contact Black Coffee. Some things do happen by osmosis, if you know what I mean.  rate and reply
0 stars

The board is live again

Wow, no more blue screen with stars, I can see the posts again. That was weird, huh guys? Makes one wonder if someone killed the discussion here on purpose. Anyway, the deal Scorpio made stinks, they...read more
0 stars

my objection and alternate strategy

Objection I have no reticence to equity financing, but I do object to issuance of 124 million addition shares for again as I have stated, a mere US$15 million. Belgie is correct - the Board of...read more
0 stars

RE:RE:RE:reply miketrike

It seems that Scorpio's future hinges on the price of gold. Coral seems to be betting $15 million that the gold price is going up, otherwise there is no need to expand, because there will be little or...read more
0 stars

RE:RE:reply miketrike

you said it Belgie. At current gold price there is not much profit and thus no money to expand. If gold keeps going down then eventually the mine will have to shut down. Coral is showing huge faith in...read more
0 stars

RE:reply miketrike

Sir, I find your points to be spot on! There is something wrong in the boardroom which has not been disclosed, if this is the best Scorpio can come up with. Giving away half the company for these...read more
0 stars

reply miketrike

miketrike, thank you for your thoughts. I understand fully your arguments in favor of the Coral Reef financing. And yes, retail shareholders will most probably not determine the consummation of this...read more
0 stars

RE:"something is rotten in the state" of Scorpio Gold

If both tranches of financing go through then the shareholders will have approved , ie, Sentry, RBC, Mackenzie. What you or I think does not matter. I am fully in favor of this financing. They need a...read more
0 stars

"something is rotten in the state" of Scorpio Gold

There is absolutely no way men of reason would would surrender near half Scorpio Gold's market value for a mere US$15 million. Shareholders need to look closely at the Board of Directors and determine...read more
0 stars

Why was this financing necessary?

Maybe because the price of gold sucks, especially in USD, and this is a gold mining company in the USA. Raising money from a non- brokered financing from one entity in this terrible market is a vote...read more
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why was 'financing' nece$$ary..............

.................and, what the heck does "strategic financing" actually mean? CEO Mr.Hawley and the Scorpio BOD need provide a rational explanation for our company/its shareholders to justify...read more
3 stars

Friday night special - a bitter?sweet 'NEXT LEVEL'

http://www.stockhouse.com/news/press-releases/2015/03/06/scorpio-gold-announces-strategic-financing-to-raise-gross-proceeds-of-us-15 Well, it's only gambling and please don't bet the house on this...read more
0 stars

RE:Sell Scorpio Gold

IMO, maybe Taylor knew about this financing! VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 6, 2015) - Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX VENTURE:SGN) announces that it...read more
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RE:RE:Sell Scorpio Gold

Agree. Got a wack of shares.  rate and reply
3 stars

RE:Sell Scorpio Gold

Good management is hard to find. Sounds like a good reason to BUY. They got enough money to ride it out till the gold market turns. A nice potential property.   Stock may not be a world beater. But...read more
0 stars

Sell Scorpio Gold

I have been thinking this for a while.  Management can't grow the company or get noticed.  No return to be found here. Jay Taylor, in the Feb. 13, 2015, edition of Gold, Energy & Tech Stocks, says...read more
1 star

RE:Sell SGN down

I agree. I too would really like to buy down.Why are people keeping it up? I see nothing to gain at this time so lets take advantage of the situation.  rate and reply
0 stars

Sell SGN down

to ten cents dummies. Id like to buy 100K before the US dollar tanks and she takes off.  rate and reply