Scorpio Gold Corp. (SRCRF)

[Belgie24]

In the spirit of Christmas giving, I found this updated Scorpio Gold presentation, which shares some great information concerning how much gold is being placed on the leach pad each month (see page 4), commencement of Mary pit stripping and 43-101 update due late Q1 2012 (see page 5), and a nice brokerage report by Jennings Capital recommending a buy on SGN.V with a target of $1.75 Canadian in 12 months (see page 20).

Here's the production going on:

August 2011
Forecast: 3,500 oz. gold
Actual: Mined 76,156 tons grading 0.0576 OPT Au (4,387 oz. gold); stockpiled at crusher 8,352 tons grading 0.112 OPT Au (935 oz. gold); placed on leach pad 79,427 tons grading 0.0572 OPT Au (4,543 oz. gold).
September 2011
Actual : Mined 79,082 tons grading 0.062 OPT Au (4,903 oz. gold); stockpiled at crusher 9,102 tons grading 0.062 OPT Au (564 oz. gold), placed on leach pad 78,248 tons grading 0.058 OPT Au (4,538 oz. gold).
October 2011
Actual: Mined 50,338 tons grading 0.0939 OPT Au (4,727 oz. gold); stockpiled at crusher 9,862 tons grading 0.058 OPT Au (572 oz. gold), placed on leach pad 69,356 tons grading 0.066 OPT Au (4577 oz. gold).
As of end of October 2011: 25,470 oz. gold placed on pad; already exceeding 2011 forecast of 25,000 oz.

Systematically, full production is being reached, meaning Golden Phoenix will begin receiving their cash flow soon.

http://www.scorpiogold.com/i/pdf/ppt/CorporatePresentation.pdf