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Bullboard - Stock Discussion Forum 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... see more

TSXV:ESK - Post Discussion

Eskay Mining Corp > End of day
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Post by waitingstill on Oct 19, 2020 4:44pm

End of day

Well, 958k shares traded wtih the last 10k traded at $1.15 despite the "official" TSX close of $1.12. All in all a great day. And one day closer to assay results.
Comment by tbnorthstar on Oct 19, 2020 5:03pm
Cahoppy waters ahead with hopefully an upward bias. Still think some will take profits from the pp. I mean 17 cents to $1.15? However, most will probably hold here in anticipation of news. I would think if the lab is moving the request up the line you might see something as early as mid Novemeber, maybe even a bit sooner.
Comment by waitingstill on Oct 19, 2020 5:12pm
I 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 ...more  
Comment by tbnorthstar on Oct 19, 2020 5:17pm
That was the latest pp. THe one I mentioned closed on June 22, 2020 and involved a 17 cent offering along with a flow thru offer at a higher price. If they get assays within a week or two I would be most impressed. Not impossible by any means but that is really, really, pushing the envelope in this enviornment.
Comment by waitingstill on Oct 19, 2020 7:37pm
Indeed you are correct. "the sale of 7,950,000 flow-through units (the “FT Units”) at a price of $0.255 per FT Unit for $2,027,250 and 2,452,941 working capital units (“WC Unit”) at a price of $0.17 per WC Unit for $417,000." Let's hope they are in strong hands and few are sold. I know I am holding for higher prices once assays are released.
Comment by tbnorthstar on Oct 19, 2020 7:55pm
You would not be alone in that camp waitingstill. The upcoming free traders won't impair the eventual outcome here. 
Comment by JDLSJDKLFSSDF on Oct 20, 2020 10:05pm
This post has been removed in accordance with Community Policy
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