RE:RE:RE:Sitka the next Vitoria gold or possibly Fort Knox...?I'm inclined to agree with HRH99 more than Stint20 on this one. While I will concede that the shares trading on this (in my opinion) positive news was a surprisingly low count, my interpretation on this is more towards lack of awareness, than lack of interest, maybe it means the same thing, depending on your point of view.
These are very deep holes at proven profitable grades (2 meters @ 16.1 g/t, 100.8 meters @ 0.82 g/t and 231.0 meters @ 0.61 g/t gold) Or 287 meters @ 0.52 g/t near surface from 9 meters to 296 meters? These are proven profitable grades by near by producing Victoria Gold's Eagle Gold Mine and Fort Knox Gold in Alaska at today's prices. One of the things that I find interesting, Sitka has effectively surrounded Victoria Gold's Clear Creek property.....which will make it interesting moving forward on any buy out proposals (assuming the drill results continue to give these numbers). At the end of the day, it is my understanding that we will drill, prove and sell the property....Which means we should get paid well and quickly by one of the majors who will value the potential of this project....Not having to go through the time, money and dilution of building a mine.
Exploration investing I don't believe is for the impatient or the faint of heart. As we have observed lately by impatient selling, it can be frustrating for those of us who have a vision (right or wrong) on where we see the potential.
I stumbled on another chat room that Sitka now is advertising on BNN, so hopefully this helps with public/investor awareness. With more interviews, explaining the potential based on these results and what they actually mean, should serve us well moving forward. Short term, the lower gold price today didn't help with the results, but that could be just a short term nuisance.
At this point, hopefully the "less than committed" shareholders have left or leave soon. Like HRH99, I am personally optimistic for 2021 and believe that 2020 still might finish strong (hopefully exceeding 52 week highs)....but maybe I'm just an optimist.
cheers