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Bullboard - Stock Discussion Forum 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... see more

TSXV:SIG - Post Discussion

Sitka Gold Corp > Will 2021 bring us a better fate?
View:
Post by looking4details on Jan 17, 2021 1:05pm

Will 2021 bring us a better fate?

Management has continued to buy land, this time increasing its land package in Nevada, hopefully 2021 drill results will justify the purchase.  Waiting on the Drill results from the OGI property, I have high hopes for this as it is a silver/zinc play and I am a silver bull.  Looking forward to the Burro Creek resource numbers (Though givemeabreak and I have very different beliefs on what they will be) I'm curious who is right.  Finally we have the RC property in the Yukon, which management seems to have high hopes and depending on who you believe, had (in my opinion) good maiden results (though not all agree).  We still have the copper play in Nunavut, but I don't anticipate anything being done there this year.

The geopolitical environment could help with the prices of gold/silver, but there are many opinions on this topic.  One big question in many people's minds is.....who will sit in the presidents chair?   Most believe it will be Biden, I personally am not so sure that it is a done deal.   The good news is, we should find out in a very short time.

now that we are into a new year, my belief that the massive selling (possible exercised warrants) followed by tax loss season, hurt the share price.  Now that we are into a new year, that excuse can no longer be used.  To this point givemeabreak $0.16 number is correct, time to see if I and some others more optimistic belief in this company and it's share price will start to shine.

let us hope 2021 begins a long prosperous journey for us longs.
Comment by givemeabreak1 on Jan 17, 2021 10:27pm
looking4 You say they continue to buy land in Nevada!  I am not sure what land you are referring to but the last land they got was simply staked.  I am not sure if you have ever staked land but you do not have to leave your office.  You got to the gov website check and see what lands in the area have no claims ie they have let the land go rather than pay gov fees for whatever reason ...more  
Comment by looking4details on Jan 18, 2021 3:41am
Thank you for that correction L4D, I did not know the difference.
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