Sky Gold Corp. V.SKYG

When

[DarkGreen]

the USA signs their 1.9 trillion $ spending bill we will see a massive spike in gold prices . Don't think that the big boys aren't shaking the tree right now .
This play isn't over yet .

[lifegoeson]

DarkGreen, I agree, the $1.9 Trillion injection being passed only by the Democrats is going to flood the market with money, thus I suspect this will put significant more debt on their books which is generally good for gold as a safe place to stash some cash. As for SKYG, I doubt this play is over quite yet.

[Maxdude]

Next week would be a good time to release some amazing news. Just hoping!

[lifegoeson]

Maxdude, it would certainly be great if SKYG would provide and update. My sources in NFLD are saying they have plugged 19 holes and results are coming but not fast enough (not sure if this is true so we will have to wait for a press release to confirm this). The Senate in the US has worked through the night, looks like a vote on the $1.9 T package is going to happen this weekend. This will impact

[Maxdude]

Based on my experience, if a junior has good news coming, the share price will start to move before an official announcement. However, in SKYG, this maybe the exception....no movement until news are release!

[DarkGreen]

take a look at Sprott's GLM , was dead as a door knob until they haulted it , then a 400% spike . Just remember this SKYG is a Sprott stock . My feelings the same thing is going to happen here . 

[lifegoeson]

DarkGreen, I got lucky, I missed buying GLM when it was low but when the financing was announced at $0.45, I waited then during  the sell down on Friday, I was lucky to step in a pick up stock below the strike price of the PP at $0.45.....!!!! amazing that people would be selling but they did. They now have closed a $10 M financing at $0.45 (just announced)....  I suspect they have a