Scorpio is profitable, but not anything to excite investors. They have underperformed on promises to reach 100,000 ounces per year for several yrs now. Touring Mineral Ridge about 5 years ago, predictions were for production to reach 100,000 ounces per year in 3 yrs. Wow, missed that by a bunch. Stuck at a much lower level, no production from Goldwedge, no toll mining as predicted.
The gold bear market has to end, and gold back near the $1900 per ounce highs or this company will go nowhere.
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