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Bullboard - Stock Discussion Forum 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... see more

TSX:SKE - Post Discussion

Skeena Resources Ltd > Free advice for management
View:
Post by templetooth2 on Jan 11, 2023 4:25pm

Free advice for management

Two daily closes above $9 !!!

Tomorrow's inflation number, or rather, the various markets reaction to it could change the story or not. Who knows? But if recent momentum trends continue, and they frequently do, we might well see even higher short term prices.

Nota bene: current price is about 50% higher than the last issue of stock at $6.05. Everyone knows Skeena needs ballpark $200 million in equity for mine construction. IMHO management should be finished crossing the t's and just about starting to dot the i's on the offering prospectus. 

To state the obvious: long term shareholders would far prefer to see the company raise money at $9 or more as opposed to a panic low $6.05. Please pull the trigger, let's get this done.
Comment by Ridgeback on Jan 13, 2023 7:38am
SKEENA RESOURCES LIMITED $200,000,000 Common Shares Debt Securities Warrants Subscription Receipts Units Skeena Resources Limited (“Skeena” or the “Corporation”) may from time to time offer and issue (i) common shares (“Common Shares”), (ii) debt securities (“Debt Securities”), (iii) warrants to purchase Common Shares or Debt Securities (“Warrants”), (iv) subscription receipts (“Subscription ...more  
Comment by paliman on Jan 13, 2023 9:41am
Ridgeback ,what does this mean for us as share holders?
Comment by Ridgeback on Jan 14, 2023 9:48am
All it means is SKE needs money to build. Inflation has hit everyonebut at least the Au Ag pricing may ease the pain for future producers.
Comment by paliman on Jan 14, 2023 11:33am
Thanks, Rigdeback. thats what i thought they are setting up the future but was not absoluty sure. Hey just noticed your southafricain pup. They are one beautifull dog, my cousin in hungary has a female,she is so very playfull ,but boy she is strong. i just loved to send time with her.
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