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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 Angelique01on May 18, 2023 1:52pm
89 Views
Post# 35454954

RE:Spoke with the company...buying more shares....here's why...

RE:Spoke with the company...buying more shares....here's why...And here we have NPD Tinhead the self appointed spokesman for Skeena shareholders with his 500 shares. LMFAO!!!  Unbelievable.  What a clown show. Looks like he purchased another 100 shares today.  What conviction. 

1. Skeena management specifically Paul Geddes owns 0 common shares. Nada. Nil. Nothing.   Walter Cole in 2023 sold off 85,100 shares with no buying of Skeena.  If these two individuals aren't buying why would I?
Compare that to IAU where Ewan owns 5.5M shares of his own company.

2
.The statements that the $65 million is being treated as capex so it will count towards the final financing making that less but then stating that the funds are being used for drilling ($18 million total this year) to find the extension of the original Eskay deposit makes zero sense.

Speaking of lies and conspiracy junk isn't it about time for your weekly Black Friday, Black Monday, the markets will be crashing Chicken Little
drivel.


You can't find better entertainment than NPD boy. 


metalhead666 wrote: The complaints about a short term haircut are misplaced.

1. Skeena had to raise more money to advance the project.  They raised $65 million in a likely over subscribed offering. The "discount" given is not that unusual. The $65 million is being treated as capex so it will count towards the final financing making that less.

2. The funds are being used for a minimum of 10,000 meters of drilling....$18 million total this year. The drilling is to find the extension of the original Eskay deposit and to do the technical stuff related to the pit design and build as well as earth works to clear the pads for the mill

3. Walter and Randy had tax obligations so they sold some shares.  There is nothing sinister about it. The timing was awkward but they did not know if or when BMO would bring the deal. These financings are in the works for some time and can literally happen anytime so management had no idea of when or if it would happen

4. If they hadn't done this deal when it was done for all that it was they very well could have ended up doing it at a much lower price. So consider yourselves lucky not cheated.

All of you narrow minded short term inexperienced gamblers should learn to use your smart phone to call the company before you run off at the mouth.

The "presentation" had to come down until the deal closes per US SEC rules as it contains forward looking statements so nothing nefarious here either

Walter will be on the Corlen (sp) report next week....it was recorded on Tues....he will address all these concerns as well as outline the use of funds and status of things as well as this year and next years goals

I'd appreciate if someone would post this over on the CEO.CA board as I can't...they are spreading lies and ridiculous conspiracy junk and need to be corrected.

Thank you....There's more but this is the main stuff....I added to my position today


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