Sitka Gold Corp V.SIG

WOW nice

[stockwatcher7]

Sitka Announces 1,340,000 Ounce Initial Gold Mineral Resource Estimate for the RC Gold Project, Yukon

[kkkrrr]

to small for a mine ...   

[kkkrrr]

too... btw.. you can buy stocks like Spanish Mountain Gold with a resource of 5 million oz+ ,  pre-feasibility done with NPV 1 billion USD++++ at current prices , low capex , 800$ AISC for 50 million USD marketcap ....   much much cheaper and they are 5 years ahead ...       until Sitka reaches feasibility stage the sharecount will have doubled or tripled

[stockwatcher7]

SPA spike 2020  is the investor nervana.

[kkkrrr]

maybe but they have the gold in the ground, a solif pre-feasibility study and now in feasibility -stage ...     + they have an additional zone not included in the studies ...      i know SPA for years and i believe this will be a mine ...

[pokinfun]

This post has been removed in accordance with Community Policy

[pokinfun]

This post has been removed in accordance with Community Policy

[kkkrrr]

i'am a big supporter of Banyan ... they sit on minimum 5-6 million oz ..    ilke SIG at all but i need more holes because it looks the deposit is a bit limited ... all good cores are in a range of 200-400 meters ... but it starts from surface ...      the opportunity here is a realtive cheap entry because marketcap still is very low...    and

[pokinfun]

This post has been removed in accordance with Community Policy

[stockwatcher7]

Initial estimate and  still open in multiple  direction.... Lots of cash in the  bank  and  a larger drill program  will be underway soon...JMHO The production of an initial resource of over 1.3 million ounces of gold with only 34 diamond drill holes marks a major milestone for our flagship project in the Yuko

[kkkrrr]

how much cash they have in the bank currently?