Alternate Idea - not so artificial intel.Rather than suffer the predictable mugging of a bot deal at the hands of Cdn. brokerages, why not take advantage that this puppy is listed in New York.
So why not tap into the deepest capital pool on the planet???
And while we're thinking outside the Toronto box, why not issue convertible debentures instead of stock? I wonder how big an appetite there would be south of the border for a $1000 debenture that paid 1% annual interest and was convertible into half an ounce of physical gold for 7 years. You could pay the Royal Cdn. Mint to issue half-ounce Maple Leafs, if they don't already do so.
There used to be the ocassional gold convertible years ago, decades ago, but nothing like that recently, as far as I can tell. I'll make a wild guess and say that Skeena could raise $300 million US $ and not dilute by a single share. This idea would tie-up 150,000 ounces (total) out of annual expected production of 350,000- 400,000 ounces. Seven years of convertibility might seem generous but the idea here is to force conversion, to not have to raise the cash to pay the principal.