I believe Skeena is having the lowest risk of all my stocksLooking through my portfolio, the risk/return for Skeena is the best.
They have a lot of cash at hand, and they probably can raise more. They might be able to get the back in right back from Barrick, now that they are searching for 1 million+ ounces production a year.
In addition, Skeena has more flexibility in exploration. If they have to stop for a while, they could make it up with more drill rigs. If they get hit by the coronna virus, it would lead to a delay, but they could handle that easier than others in production.
Last, but not least, you have a lot of catalysts coming in the next couple of months. Shorter term we should receive some more infill driling results, but most of them came with some interesting upside in the latest reports. Thereafter they will start with exploration drilling as well, which could get very interesting.
But, as mentioned at the beginning, the biggest surprise could come from Barrick. They surely fight with all kind of challenges right now. Maybe they give the buy-back-right back to Skeena for a reasonable price and Skeena owns the whole project.
That would allow Skeena to do the infill drilling around the 25 meter underground buffer.
Skeena had a strong run, and now a strong move down filling the gap at .65. With some good news in the next 2 - 3 months, they could go back to the old highs and ultimately above. But the consolidation and correction was necessary for that, took many weak hands out.