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 > Concern

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Comment by givemeabreak1on Nov 29, 2023 11:17am

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Post# 35758636

RE:RE:Concern

Medici
While management does hold a fair number of shares they do not own a pretty decent chunk of the float. Cor is the largest management shareholder and no most of his shares were not part of past financings nor were they a result of buying on the market. As near as I can figure the bulk of his shares were compensatory shares as a result of Burro Creek Gold. As I recall he has received at least 2 million shares in compensation just for Burro Creek.

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