Eskay Mining Corp ESKYF

Rough close

[waitingstill]

Well, that was a disappointing day to say the least. Started out looking good but then Raymond James dumped 37k shares followed by BMO fire selling 36k shares at 66c. Someone needed a little uncomfortable now cash it seems. Looking forward to more assays.

[mrsgoldminer]

Helicopter driver I guess needed his money  lol  Months end!

[tbnorthstar]

Yep, someone comes knocking at your door saying, settle up. There isn't a lot of discussion involved, either you do it or they do it for you. Am hearing assay labs are clogged up big time (that is not a news flash), very frustrating. Lots of data to continue drilling for the next two to four weeks however. We will be seeing assays released all the way into January, 2021. 

[waitingstill]

Fortunately I never margin or short or take debt that I can not repay one way or another without devastating my holdings.  Wonder when our next news will come. Hopefully we see some sparkle in the cores. :)

[mrsgoldminer]

Smart man I think or woman  lol Want to go broke in a hurry just short a penny stock.I have been told not wise to put penny stocks in a TFSA account and that is so true if you do not know what you are doing.I will say mine is all in a TRSA account nice and fat and when I need extra cash does not effect my income tax. A line of credit can be used only if you are sure you have the funds to

[waitingstill]

The TFSA is a two edged sword. If you are wrong, you can not write off any losses. But if you are right, it is completely tax free therefore gains are significantly greater. Personally all my TFSA is in high risk speculation stocks. Fortunately it is current almost at 2X the amount deposited but for a long time it was quite negative. Need to only put money you can lose into these stocks but if you