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Sitka Gold Corp V.SIG

Alternate Symbol(s):  SITKF

Sitka Gold Corp. is a Canada-based mineral exploration company. The Company’s projects include RC Gold, Alpha Gold, Coppermine River, Burro Creek and OGI. The RC Gold Project, comprised of the RC Gold, Mahtin, Clear Creek and Barney Ridge properties, is a district-scale, contiguous land package of 1,891 claims covering approximately 376 square kilometers. The Alpha Gold Property is located along the southeast projection of the prolific Cortez Gold Trend in Eureka County, approximately 135 kilometers (km) southwest of Elko, Nevada. The property is comprised of 239 contiguous claims covering an area of approximately 4,780 acres and is accessible via a dirt road, approximately two km west of Nevada State Highway 278. The Burro Creek Gold Project is located 105 km by road southeast of Kingman, Arizona, in southeastern Mohave County, approximately 265 km southeast of Las Vegas, Nevada and 200 km northwest of Phoenix, Arizona. The OGI Property consists of 99 quartz mining claims.


TSXV:SIG - Post by User

Post by looking4detailson Dec 11, 2020 8:20am
75 Views
Post# 32086852

Not in a rush for final drill results

Not in a rush for final drill resultsAs long as we have downward tax loss selling pressure, I see no reason to be in a rush for the final six drill results (4-OGI / 2- RC).  Any positive  drill results right now, would unlikely receive full value under current downward conditions anyway.  As much as I would love to see them, maybe waiting a week or two for TLS to end, would be in the companies best interest.  I realize that I am repeating myself, but I would love to see any (in the money warrants) to be exercised now, to allow management to make what ever necessary moves without unnecessarily diluting the company.....if they feel the need to flip them for cash, so be it.....in the long run it should help the company and long term shareholders.
 
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