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Skeena Resources Ltd T.SKE

Alternate Symbol(s):  SKE

Skeena Resources Limited is a Canadian mining exploration and development company. The Company is focused on revitalizing the Eskay Creek and Snip Projects, two past-producing mines located in Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada. The Eskay Creek portal consists of eight mineral leases, two surface leases and various unpatented mining claims totaling 6,151 hectares. The Snip Property consists of one mining lease and eight mineral claims totaling approximately 4,546 hectares in the Liard Mining Division. The Snip Property’s indicated resources include 823,000 ounces hosted within 2.74 million tons at an average grade of 9.35 g/t Au.


TSX:SKE - Post by User

Comment by jfan22on Mar 23, 2022 2:22pm
157 Views
Post# 34538585

RE:RE:RE:Big trade this morning

RE:RE:RE:Big trade this morningIf i had to guess, their Reko Diq news this week seriously changed their capital profile, especially near term as they revamp the FS and their overall ounce profile. 

They chose to progress on thier already owned tier 1 asset rather than maintain a privileged position  to own Skeena (after another >$1B capital outlay) in the future.

Hopefully the buyer is another major mining company, but if not it is now easier for other companies to formally submit takeover bids on Skeena.
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