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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 > and there is the reason for the relentless selling
View:
Post by stint20 on Feb 12, 2021 10:41am

and there is the reason for the relentless selling

always a reason. hope they dont sell to the same group. but they will
Comment by looking4details on Feb 12, 2021 10:56am
I believe it is very unlikely they would sell to the same group, management has a lot of their own money on the line as well, their interests are aligned with shareholders.   That being said, it appears "anonymous" is not finished selling.  While it is frustrating to watch, I'm hopeful that we receive near term positive results from the Alpha property in Nevada, with the ...more  
Comment by rdgeo44 on Feb 12, 2021 11:05am
This investing business is so crazy. We retail suckers are told that there are so many safeguards in place that insiders can't possibly takeadvantage of inside knowledge. Here is an obviious case of someone having information that they could use to their advantage. Whilst we small investors only know what management wants to tell us, which let's face it is nothing, & hopefully this ...more  
Comment by looking4details on Feb 12, 2021 12:34pm
I have a fairly long checklist that I go through before I invest and continue to keep my money in.  The most important one for me, is trusting management.  Why would anyone invest in any company if they don't trust the people in charge?   Another thing important to me, is insider ownership.  To my knowledge, no insider has ever sold a share during the company's ...more  
Comment by Homerunhitter99 on Feb 12, 2021 4:07pm
I agree looking4details. I’ve been burned in the past and now I put extra emphasis on the team steering the ship. I have no reason to doubt management is doing everything they can to build value in Sitka. It’s easy to see they own a good chunk of shares outstanding and that always helps align management’s efforts with the rest of us shareholders. If anything this financing should allow us to ...more  
Comment by looking4details on Feb 12, 2021 4:42pm
Well put Homerunhitter99.
Comment by givemeabreak1 on Feb 12, 2021 10:34pm
Homerun I see you are the glass if half plus a bit full all the time instead of glass half empty!  It is pretty clear the reason for the selling was 2 fold!  First, and most importantly drilling in both the US and Canada was less than spectacular.  Second,  more and more people are being sold on the idea that crypto currency is the next gold.  Actually gold has not been ...more  
Comment by looking4details on Feb 13, 2021 6:56pm
givemeabreak1 For someone who had such a bad taste in their mouth for the implied conflict of interest dealings of management at the beginning of the month.  You are obviously someone who has some brains, I can't understand why you would waste your time on a company who's management you don't seem to trust, who apparently makes bad business deals, who apparently has bad ground ...more  
Comment by givemeabreak1 on Feb 14, 2021 1:28am
looking4 Unfortunately, you sound like the guys that I use to train as commodity traders they did not understand 2% as you do not understand 2 cents.  The way you make money in the markets is through compounding not through hitting 10 baggers as you will hit 1000 no baggers before you hit that 1 ten bagger.   I will kee things simple for you when you get a mortgage what is the ...more  
Comment by looking4details on Feb 14, 2021 8:41am
GMB1   The point that I was trying to make, why worry about pennies (now include percentages) on a company and management that you don't seem to trust?  For me, that is the very reason that I bought in.  Even though I trust management, it doesn't guarantee success, but that is where it all begins and ends for me.  When you tried to insinuate that management might be ...more  
Comment by givemeabreak1 on Feb 14, 2021 3:50pm
looking4 there is no question you are an idiot and a mindless pumper!  You also are an out and out liar!  You said " when you tried to insinuate that management might be up to shady dealings at the beginning of the month"  Needless to say I never said that! What I said is when there is business dealings amongst family it gives me an "uncomfortable feeling" ...more  
Comment by looking4details on Feb 14, 2021 4:17pm
On Feb 3 Post 32466653 you said "Personally, I like their properties ie potential but always get an uncomfortable feeling when I see money going from one family member to another family member!  Just something about it that leaves a bad taste in my mouth" that statement to me sounds dangerously close to calling them out as shady dealings to me.  Personally I have no idea ...more  
Comment by givemeabreak1 on Feb 14, 2021 9:17pm
Looking4 Where exactly does that say management is up to shady dealings which is what you claimed I said.  Needless to say you are now caught in another pumpers lie!  The words you should be spouting is I am sorry for misquoting you and being a total fool.  
Comment by looking4details on Feb 14, 2021 10:18pm
Just curious, is name calling, attempting to manipulate share prices to get them cheaper by bashing and implying mismanagement how you used to teach your commodities traders?  If that's the case, I would not have succeeded under your mentoring.  Even though I disagree with your tactics, your way seems to work for you, I'm apparently now also a "fool", somehow I'll ...more  
Comment by givemeabreak1 on Feb 14, 2021 10:54pm
We can agree you are a liar and a pumper!  Sort of proven!  You are not Trump so people might believe what they see!  I do not attempt to manipulate a stock again that is just a stupid retail pumper speaking!  When someone gives an honest opinion and you do not like it you do not have to call them bashers, stock manipulators and post lies and utter nonsense.  Grow a set ...more  
Comment by looking4details on Feb 14, 2021 11:11pm
Maybe we can agree to let public opinion decide who is full of it?  Though I'm sure you have other aliases, cheating seems to be your playbook and not just one chapter. It must have been interesting in your office.....you are not the wolf of Wall Street by chance are you?
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