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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 metalhead666on Feb 23, 2024 6:37am
169 Views
Post# 35895039

RE:RE:RE:RE:RE:Plunging again

RE:RE:RE:RE:RE:Plunging againTrading at .17% of NAV now....it's cheap.  Walter seemed sure that there would be little if any dilution and a gold/silver stream would be a significant part of the financing.  Doesn't matter to me how they raise it so long as they do at decent terms. I only care about the price to NAV...buying when it's cheap and selling when it gets close to 1x NAV...the Lasonde Curve.  ARTG now trades at .6 x NAV. Once SKE is well along in construction it too should trade at a similar price to NAV...that's a triple from here. I don't have any problem tripling my money in 2 years or so. And that's if things stay the same...if we get a resumption of a gold bull then all the better. 
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