$SYH After carving out some serious price trajectory, Skyharbour Resources has re-discovered gravity and is currently plumbing multi-months lows.
On Dec 14th, $SYH bulked up its uranium project portfolio in the prolific Athabasca basin of mining-friendly Saskatchewan. Up till now, $SYH’s primary focus was on the southwest/southeast side of the Basin. These new projects expose the Company to the (discovery) potential along the northern rim of the Basin.
In a recent RDS interview, CEO Jordan Trimble characterized the sector-wide correction as “healthy”, which seems fair enough after prices went on a 174% run late this summer.
As you can see, the CM VIX indicator is showing strong signs of a bottom. Similar to conditions before the last big price run. I’m expecting news of planned Q1 drilling campaigns to provide a catalyst into some price movement.
There’s a really good breakdown of $SYH current operations and outlook linked here. Shares of $SYH are currently trading at $.46 and the company is currently valued at $59.86 million.
https://equity.guru/2021/12/20/skyharbour-syh-v-and-arizona-metals-amc-v-rounding-up-recent-news-events/