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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 > still after months and months unlimited 12 cent paper
View:
Post by honkinghorns on Feb 25, 2022 4:17pm

still after months and months unlimited 12 cent paper

this is the biggest pig ive seen in a long time. if anyone with real money or mining knowledge thought there was any potential here, they would have cleaned this pig up already. just a bunch of small retail buyers buying this it seems and we contstantly get our boots filled. if it ticks up a penny it is immediately sold at the bid and reloaded. i see today the management just issued themselves .12 cent options in the amount of 3 million shares. within 5 minutes of the release our friendly annonymous hit bid for 300,000 to .115. these guys have done nothing for shareholders. we are trading close to all time lows after 3 years and issuing almost 100 million shares . ive had it. we may have 1 decent hole but whi cares if we are at .12 cents. these guys may be good geologists but i give them a D for market savvyness
Comment by Westcoastwalker on Feb 28, 2022 5:08pm
honkinghorns I see this is your first post here but on Stockhouse you posted dumping all your shares. Makes me wonder what your intentions are? Out of curiosity what would you be doing in the driver’s seat? Could you have attracted the experienced team, locked in five coveted claim blocks and raised the funds to drill on three jurisdictions? I would be interested as many readers here just how you ...more  
Comment by looking4details on Feb 28, 2022 5:40pm
Hopefully I we get the drill results (near hole 21) released in April and we'll see where the share price is then.  I am understand the frustration for the current share price, but personally I'm really hopeful for the near future.   Either way, Cor and his team will have a much better idea on where to drill at the RC property in their summer program, based on their winter ...more  
Comment by tamarlane on Feb 28, 2022 11:02pm
Why comment? It is a winner in the next 4 to 18 moneths. All of this next info is in news releases since last Sep 30 2021. The insiders don't collect salaries, have never sold 1 share of the comoany.. The winter drilling currently active on the RC Gold Yukon property is already collecting drill core that will define the expansion of the ore body or not. They signed on a new assay company that ...more  
Comment by Westcoastwalker on Feb 28, 2022 11:31pm
Great comments and thank you for them. One other point some may not be aware of is attracting the best in geologists or directors any posit for that matter require more than paycheques. Issuing grants and incentives are needed as the competition for the best is as challenging as finding the ore.  They won't attach themselves to anything but potential.  Juggling the distribution of ...more  
Comment by givemeabreak1 on Mar 01, 2022 9:58pm
I hate dumb statement! Like " Insiders do not take salaries".  This is pretty common in the industry especially when insiders are pulling down fees, option etc.  Alway check the financials especially the fees.  That said, if the fees look unusually low always check the biggie the related party transactions!  This crew has alot of it!
Comment by givemeabreak1 on Mar 01, 2022 10:03pm
Before I get all the hate mail and the basher sht I actually like the Yukon property and have said that since day 1.  Alot of potential based on the widths and the grade of the last big hole.  So this is a good lottery ticket to be holding much better chance at a win than many others.  Do I like management sort of yes in that they put the drill to work and have experience.  Do ...more  
Comment by tamarlane on Mar 03, 2022 8:07pm
Just sell now. Sounds like you're waddling in the wrong puddle anyway.
Comment by tamarlane on Mar 04, 2022 8:26am
Like a 1600'S New York, I sense a Guilded Cage margin short call!
Comment by tamarlane on Mar 04, 2022 8:27am
Like a 1600's; New York, I sense a Guilded Cage margin short call!
Comment by Bullroarer123 on Mar 04, 2022 11:47am
Hey Tam, that's got a interesting ring to it.  What does it mean?
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