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.

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Sitka Gold Corp

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Post by stockwatcher7on Nov 08, 2023 6:23pm

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Post# 35724818

Relative values 30% of capital raised w/ only 1.8% of market

This is why they push to keep the venture market down, easier to sell a placement and maximize the dilution... The brokers do this all the time. Plus a very large portion of placements in Canadian stocks are flow through shares.. this makes a placement more of a tax incentive than an investment in a gold/copper etc play... Many investor buy the placement and then sell it asap when the hold period is up.

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