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Eskay Mining Corp ESKYF


Primary Symbol: V.ESK

Eskay Mining Corp. is a Canada-based exploration company. The Company is focused on the exploration and development of precious and base metals along the Eskay rift in a prolific region of northwest British Columbia, known as the Golden Triangle, which is approximately 70 kilometers (km) northwest of Stewart, British Columbia. The Company holds mineral tenures in this area comprised of approximately 210 claims, which cover approximately 60,255 hectares. The ESKAY-Corey Property comprises several gold-silver (Au-Ag) volcanogenic massive sulfide (VMS), and gabbro-hosted magmatic nickel-copper-platinum group elements (Ni-Cu-PGE) targets located in the Golden Triangle. Its main VMS target areas on the property include the SIB-Lulu, TV-Jeff, C10, GFJ, and Spearhead zones. The Jeff showing lies four km south-southeast of the Lulu zone. The TV showing is 1.5 km south of Jeff. The SIB zone and Lulu deposit lie along the western limb of the Eskay anticline.


TSXV:ESK - Post by User

Comment by waitingstillon Oct 19, 2020 5:12pm
122 Views
Post# 31743072

RE:RE:End of day

RE:RE:End of dayI thought QH said "one or two weeks" (or something similar) in one of his interviews.

I think the most recent PP was at 45c (not 17c) so the upside, although excellent, is not the same as if 17c. Also, wasn't there a flow through that was higher? Here it is...

"with the sale of 3,500,000 flow-through units (the “FT Units”) at a price of $0.645 per FT Unit for $2,257,500 and 2,559,444 working capital units (“WC Unit”) at a price of $0.45 per WC Unit for $1,151,750. "

Sure there might be some selling to offset costs but considering we did almost a million shares today, it would seem that the SP can handle a few hundred thousand shares if that happens. There was a total of 5,757,500 shares in the latest PP. Hopefully they remain in strong hands moving forward.
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