Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 AlwaysLong683on Oct 25, 2023 9:56pm
168 Views
Post# 35701361

RE:Talk about

RE:Talk about
"I see ARTG is also getting clubed like a harbour seal.. Will be a tough one to decide "who gets the love" once the beatings stop..."
 
The difference is ARTG is still well above its 52W-Low, Insiders bought shares at 4.50 (current share price 5.10), etc. Meanwhile, SKE hit a new 52W-Low today, and deservedly so IMO as I have little faith in management and believe they are massively overhyping their project(s).
 
Personally, I wouldn't touch SKE. ARTG is worth looking at IMO, but at a share price of around 4.00. If it doesn't happen, no biggie. However, I suspect Gold Explorers / First Mine Builders may continue getting hammered into the New Year as long as interest rates stay high and inflation is significant. I also sense ARTG is going to be raising more money to fund their project (equity raise and/or more debt) as I doubt their very dated Feasibility Study (done when interest rates and inflation were much lower) is anywhere close to what the final bill will be.

<< Previous
Bullboard Posts
Next >>