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Bullboard - Stock Discussion Forum Sky Gold Corp. SRKZF


Primary Symbol: V.SKYG

Sky Gold Corp is an exploration-stage company operating in Canada and the United States. It is engaged in the process of exploring and developing its resource properties. The company's projects are primarily gold and nickel properties located in Ontario, Newfoundland and Nevada.

TSXV:SKYG - Post Discussion

Sky Gold Corp. > Is $0.14 the bottom....?
View:
Post by lifegoeson on Jan 21, 2021 9:59am

Is $0.14 the bottom....?

The shares sold on the open this morning came from little players at RBC (cross to RBC) and TD, hopefully this is as far as the traders can push down the price before people stepping in to average down their positions and people re-building positions they sold above. I doubt this play is over quite yet regardless of results from the first several holes, and why, they are still drilling and have plenty of cash, so let the drills turn until they hit something. If they never hit anything worthwhile, then time to move on.
Comment by Sapwood on Jan 21, 2021 3:06pm
Lifegoeson, be patient, results are coming! 
Comment by joerad1 on Jan 21, 2021 5:46pm
In my opinon this stock is for trading purposes only ,on any good news the stock wil be quickly  sold - off. Buyer beware . On another point , i am not a fan of "visible gold in drill core " news releases , this excites the market to buy so insiders can dump their cheap paper .
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