RE:RE:RE:realityRoyal,
A nice thought - but SKE is much further down the development path than we are. Walter Coles runs a tight ship - and they are very motivated to be a mine. While realizing that a take-over war could break out at any time - they have not wavered in the planning dept. to become a producer. SO....someone either comes with an exceptional amount of dough...or they will simply proceed (which is what they want to do anyway). On the "leavings" of the prior miners (Barrick) - they plan to have an open-pit - with plans to produce 500K ozs a year for 5 years...and then it starts to decline a bit by year 6 - today's announcement was not about today...it was about a new zone that would likely come on-stream by year 6 (so they are looking better and better for a 10 year cycle (and they haven't yet started to explore underground (Eskay Creek was all underground back in the day). The future looks very bright.
So, it is apples and oranges...and you are beating yourself up unnecessarily in trying to compare them. They are waiting on their last hurdle - the Feasability Study (likely in this quarter...at which point it is a 'go") - we don't as of yet have any kind of resource estimate. They are two completely different ships - but both should sail extremely well.
NFG has a plan - don't fret - all in good time. Right now, it is likely a good thing for us investors that they choose to fly a bit under the radar.
A disclaimer: SKE is my biggest holding, after NFG. So I am quite biased...and acutely aware of both companies (and am quite enjoying the difference!). I absolutely wish that I could afford more of both!
I hope that this is of some assistance to you.
el d
Royal10 wrote: Problem is the management! Why SKE (Skeena Resources) went up $1.01 today with this news:
Skeena drills 34 m of 8.95 g/t AuEq at Eskay Creek?
Skeena is trading at $16.72 but I don't think that that the fundamentals are better than NFG!
SKE is followed by 3 analysts having a target of $22.00! NFG is followed by 0 analysts!
Why? Answer: the management does not care with the investors!
I hold a big position in NFG and I would appreciate that the management take the time to meet with analysts and allow them to give us a good description of the co., with its activities and its real potential!