Skeena Resources Ltd T.SKE

SKE and the Lassonde Curve

[AlwaysLong683]

Here's a good summary of the stages of the Lassonde Curve IMO for those who choose to use it to make buy and sell decisions.

 

The Curve suggests you want to be in the name at the beginning of Stage 4 and exit at the end of Stage 4 provided the project goes according to plan.

 

Note the following excerpts:

 

STAGE 3:

"...At this time the company will be seeking strategic partners and project funding.  Permitting is also underway.  Unfortunately a lack of financing or poor permitting efforts will extend the time in Stage 3..."

 

STAGE 4:

"Begins when the financing is done and construction begins.....The stock value may increase on this positive news, especially if construction is on time and on budget. Its even better news if it’s a period of rising commodity prices."

 

Thus my comment in an earlier post indicating that good quality management is key for me as, after the DFS is completed, the rubber will hit the road and they will have to make smart decisions re. financing (equity / debt / streaming), permitting, signing agreements with various contractors, etc. and I'm not quite sure what to make of SKE's management (especially Coles and Reichert).....?....for starters, it'd be nice to see them buying shares with their own money.
 

[metalhead666]

I'd like insider buying too. Walter does own 1 million shares.  The project speaks for itself and they've done an excellent job of getting it to where it is today.  It's a rare gem and will either make it to production in 3 years or be bought out.  Either way you'll make money holding the shares.

[Shadow10]

I would be hard pressed to think Walter paid for those one million shares. They must be given to him for his roll as CEO. I don't think he has the money to pay for them and why wouild he when he gats them for free. He's a Rich man north of Richmond Virginia