news GREAT MANAGEMENT TEAM!!!!!!!!!!!THE TRAK RECORD!
https://www.24hgold.com/francais/article-compagnie-or-argent-additional-assay-results-announced-from-south-bay-mine-project-nw-ontario.aspx?articleid=283979
AND PUMP STATION
Metals, Energy & Commodities » [i][glow=blue,0,300][size=2]Mining, Energy & Exploration Companies[/size][/glow][/i] »
Skyharbour Resources Ltd (SYH:TSX-V)
https://crowlee.proboards.com/index.cgi?board=mee1&action=display&thread=964
Skyharbour Resources Ltd (SYH:TSX-V)
Post by ventura1 on Mar 1, 2007, 3:13pm
SYH is closey related to CYP which has had a good run. What CYP has is 100% interest in a gold property adjacent to GOLD EAGLE MINES currently trading a $9 plus. Why the interest in SYH? It has a 20% interest in CYP and property holdings. SYH has done shallow drilling and is preparing to drill deeper. GOLD EAGLE is drilling in he direction of the CYP and SYH holdings.
ITS PLE WITH THE DRILLING AT .22
f.Ventura IMMHO
Re: The next PLE in Canada is SYH HOT..researched
Post by guinness91 on Mar 1, 2007, 5:00pm
I held A LOT of SYH and CYP last year. Originally got into SYH @ .04. Look for the insider, Trimble activity. He uses both of these stocks as his personal piggy bank. I made my money and moved on.
Don't get me wrong. If I still had shares , I would be very happy with the SP right now. The company just never delivered the goods while I was in.
.
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by tibber on Mar 8, 2007, 12:00am
Spoke to Don Huston and Don Myers at PDAC. interesting and convoluted association. SYH is not only related to CYP but there are FIVE companies that share the same office and Management
Skyharbour - SYH
Cypress - CYP
Consolidated Abaddon - ABN
Bayfield Ventures - BYV
MPH Ventures - MPS
SYH does not own 20% of CYP, but they have a 20% interest in the Mckenzie Island and the new Broulan Reef property ajdacent to gold eagle with CYP owning the other 80%.
In fact most of SYHs properties are shared with one of the above except for 3 claims near Rainy River.
The Broulan Reef property was a real coup for them as they did some title searches and discovered that an oil company owned it. Funny thing is the oil company didn't know it and nobody else knew it either. Gold Eagle thought Goldcorp owned it. It actualy took Mgmt several months to convince the oil company that they had title to it. The oil company wasn't interested in mineral claims and so practically gave it to them.
As far as deep drilling goes, they are not certain what they will do. When he says shallow drilling he means 500 m whereas Gold Eagle's mineralised zone is between 700 and 1100 m down. Deep dril rigs are expensive and extremely hard to find. Gold Eagle has 4 deep drilling rigs on site so mgmt may consider a JV ... or wait for GE to come knocking after they hit the property line. Another option is goldcorp, also next door who may decide to give them some cash for shares to drill it themselves. I would not be surprised if they did the latter with Goldcorp. Right now it's up in the air and it didn't sound like they were in a hurray to make a decision .... They have more bargaining power if they wait and see who comes knocking.
The most striking benefit of the Broulan Reef property is that it's right on strike with Gold Eagles deposit. Also there is a FOLD BELT (a geological term) that passes throught the property. Basically the rock the gold eagle is finding it's gold on passes through the CYP/SYH property and bends toward the goldcorp property where they are also finding gold .... the main thing about a fold is that typically there is higher grade around the curved portion of the fold (according to Huston). The shallow drill holes already done are not near the fold.
the rainy river properties look interesting as well and I also lke the prospects of CYPs Nevada Zinc deposit which should add more value to the SP .... The big buzz right now is thr Broulan Reef property and that's where the share run has been.
Personally I like CYP prospects better in the short term with the nevada property more advanced than SYHs Rainy River. As well CYP has a bigger chunk of the red lake properties adjacent to Gold Eagle. I'll take 80% vs 20%
At the SYH/CYP/ABN booth They gave me a map of the redlake district with all the companies invoved an where they are .... it's quite spectacular.
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by tibber on Mar 8, 2007, 12:27am
One other thing I just noticed. Management owns very few shares of either company but many have large number of options. Over the past year it seems more like a personal bank account than a record of stock holdings.
Things that make you go .... hmmmmm
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by ventura1 on Mar 8, 2007, 2:37am
Tibber an excellent job, well researched and documented. Thanks for the correction. So is it CYP or SYH?
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by fkloster on Mar 9, 2007, 5:26pm
On initial viewing my impression is that these 2 (or five) companies may merge in the near future. If they are drilling towards the others property either company could do some PPs, get the money, announce a reverse split to lessen the SO.
Any thoughts?
I must do MUCH more research - just my initial feeling.
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by guinness91 on Mar 11, 2007, 11:02am
The Red Lake area is VERY impressive and the Broulan Reef holds excellent potential.
As I mentioned above, I held both SYH and CYP for an quite some time last year. I like the property potential but I guess my problem is with management. Their previous drill results on the reef have been disappointing. They need to drill deeper!!! The greatest success for GEA has been at depths greater than 1200 meters.
Interesting, in Tibbers post, how he says that management may just wait to see who comes knocking.
I don't understand their reluctance to drill this property properly. With such a great prospective property don't you think they would do something with it.
If do jump back into these plays it would be for a quick flip only. The volume has has been good as of late. Insider trading still drives me nuts.
This is all IMO...maybe SHY/CUP will be something one day....the potential is certainly there. SSR which is now GEA is a great success story. I originally got into SSR under .20, GEA now over $9. Wish I would have held on.
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by tibber on Mar 16, 2007, 12:43pm
Quote:
Interesting, in Tibbers post, how he says that management may just wait to see who comes knocking. I don't understand their reluctance to drill this property properly. With such a great prospective property don't you think they would do something with it.
|
|
Oh they will. the reasons they are not in a hurry are:
1.) Drilling rigs that drill to the depth required are very hard to find as most companies do not drilll that deep. many drilling contractors don' have them.
2.) Becasue of 1 above they are very expensive to get.
3.) Gold Eagle has 4 deep drill rigs on site.
4.) If Gold Eagle drills much more, they will be on the Broulan Reef property.
5.) Goldcorp/Rubicon have JV on the land next to Gold Eagle and Broulan Reef and if there is ever a buy out of gold eagle Goldcorp and or Rubicon are the likely suitors.
6.) because of 5 above, it would make sense for goldcorp to take an interest in the Broulan Reef property and finance some drilling
7.) add all these together and you have a bidding war.
Bottom line, it's uch less risky and costly to work with either of these two than do it alone. Although I said they were in no hurry to make a decision on Broulan Reef, I think a decision will be made sooner rather than later.
Either way, I still like CYP over SYH. It's 2 1/2 times the price but they own 80% of Broulan Reef and have an advanced Zinc project in Nevada.
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by fkloster on Mar 19, 2007, 1:23pm
nice post Tibber-very good summation.
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by tibber on Apr 3, 2007, 9:15am
Just bought some CYP today. CYp announced drilling on it's nevada Zinc property last week.
Also rumours appear to be flowing that there are some negotiations with Gold Eagle and/or Goldcorp on the Broulan Reef Property. I cannot substantitate the rumours at this point but it is consistent with what Don huston told me at PDAC .... so until it is substantiated it is just a rumour.
Zeta has also called for a big run in SYH and CYP coming up as well.
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by wwb on Apr 5, 2007, 4:02pm
Just bought into SYH. My read of the chart is that it might be ready for it's next leg up... I hope. I see a good exit point at about .23.
JMHO
WWB
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by tibber on Apr 12, 2007, 9:44pm
Nice movement in both CYP and SYH today, both up 16% and looking to run some more on Friday. I will likely sell out my holdings then.
As I have said earlier, MGMT looks to be in this for their own profit and will milk it as much as they can. Rumours are abounding on the CYP BB of a JV with GEA or a possible buyin from G as Don allueded to at PDAC. Either way I think this is definitely a sell prior to news scenario .... if it isn't I still made some good coin.
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by guinness91 on Apr 12, 2007, 11:35pm
Damn....good luck for those that are in this play. I left long ago and never looked back.
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by wwb on Apr 14, 2007, 10:25am
I got out yesterday. Made some $ on the last swing, but I don't like the accum/dist chart. The other measures don't signal any problem yet, so maybe I'm wrong, but I just feel better about a couple of other charts right now.
Cheers all and have a good weekend.
WWB
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by admin on Apr 16, 2007, 10:57am
Quote:
I got out yesterday. Made some $ on the last swing, but I don't like the accum/dist chart. The other measures don't signal any problem yet, so maybe I'm wrong, but I just feel better about a couple of other charts right now.
Cheers all and have a good weekend.
WWB |
|
Well I guess we'll see who's right and who's wrong WWB.
I took a position in it today.
{
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by admin on Apr 16, 2007, 7:22pm
This is a copy and paste from Zeta's post on the CYP Board:
https://www.stockhouse.ca/bullboards/view....all=0&TableID=0
=================================
Hi -- Not a bad day for CYP. There was a lot of panic buying going on in the first hour of trading and then things quieted down. Notice that the last four candles have been white bullish candles - a sign that the bulls seems to be in control of the stock. The narrow range bodies on the last two candles indicate that there is a battle going on between the buyers and sellers and so far -- the buyers are winning. I think these last two candles are part of a high stall pattern - a stall where the stock rests, cleans up and prepares for the next uptrend. It is also a place where the shorts sense weakness and move in for the kill - smart market makers let these short sellers do their thing and then --- gap it up and have the shorts running to cover. A lot of the buying power in a parabolic rise is from the panic buying of the short sellers. I think CYP will get back to forming those long white candles again, starting tomorrow and you can look for a close at .75 plus. SYH came to life today and screamed out to that .25 range. This is just the start for SYH and I think you are going to see a much stronger move -- soon. All this upside with no NR -- usually means that something big is coming down . No bearish signs yet, so relax and let CYP and SYH build some upside momentum. Looks good. Here are the daily charts for CYP and SYH - good luck tomorrow. Zeta
![[image]](https://i45.photobucket.com/albums/f70/pezim/cyp50.png "[image]")
![[image]](https://i45.photobucket.com/albums/f70/pezim/syh37.png "[image]")
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by admin on Apr 23, 2007, 8:48am
Hmmm... 15 minutes into the day and the volume is already at 2 million. Could be something brewing....
{
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by tibber on Apr 23, 2007, 11:10am
G bought 4 million shares of CYP @ $.65 in a private placement. This will give them cash to drill Broulan Reef
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by guinness91 on May 28, 2007, 4:46pm
Must admit, now that the SP has come down from the recent run up it is almost looking attractive again.
Might be time to pick up so "sell in May" specials
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by tibber on Oct 9, 2007, 4:32pm
There's been some movement on volume in SYH the last couple of days. could have something to do with sister company Bayfield Ventures being halted.
Also, CYP (the other sister) jumped 25% today on no news and not much volume ... hmmmmmmm
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by guinness91 on Oct 30, 2007, 11:26pm
With area plays near RR and GEA I find this one hard to ignore. Drilling in progress, insiders getting "ready"
Oct 12/07 Oct 03/07 Huston, Donald ,Carl Direct Ownership Options 50 - Grant of options 400,000
.135
Oct 12/07 Oct 03/07 PETTIT, JIM, GAYDON Direct Ownership Options 50 - Grant of options 400,000
.135
Oct 12/07 Oct 03/07 Myers, Donald George Direct Ownership Options 50 - Grant of options 386,000
.135
Oct 12/07 Oct 03/07 Chow, Amanda Direct Ownership Options 50 - Grant of options 97,000
.135
Oct 12/07 Oct 03/07 Huston, Carl Direct Ownership Options 50 - Grant of options 85,000
.135
Oct 12/07 Oct 03/07 Ackerfeldt, Nancy, Louise Direct Ownership Options 50 - Grant of options 160,000
.135ws
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by tibber on Apr 4, 2008, 9:38am
Might be one to watch if there's a retracement before results.
VANCOUVER, Apr 3, 2008 (Canada NewsWire via COMTEX) --
<<
TSX-V Trading Symbol: SYH
Telephone: (604) 687-3376
Email: info@skyharbourltd.com
Facsimile: (604) 687-3119
>>
Skyharbour Resources Ltd. (SYH) (the "Company") announces has made, what appears to be, a significant discovery of volcanogenic massive sulphide (VMS) mineralization, in an area that has never been drill tested in the past, approximately 500 metres to the southwest of the former South Bay Mine 80 km east-northeast of Red Lake, Northwestern Ontario.
<<
South Bay Claims Map, NW Ontario:
https://www.skyharbourltd.com/s/Image.asp?i=maps/SYH_South_Bay_Map_new.jpg
>>
Skyharbour is drill testing Titan 24 geophysical anomalies on the Company's South Bay property which has identified a massive sulphide zone in diamond drill hole SB 08-4. The mineralization consists of fine grained, massive to finely bedded phyrrotite with visible zinc sulphides (sphalerite) and visible copper sulphides (chalcopyrite) between 357 metres and 369 metres in the hole. Drilling of hole SB 08-04 is continuing at a 60 degrees dip with a 270 degrees azimuth. This new VMS zone is approximately 500 metres to the southwest of the former South Bay mine shaft operated by Selection Trust of London (Selco. 1970 - 1982).
The above samples from hole SB 08-4 have now been selected, sealed and labeled "Rush for Assay" for immediate shipment to TSL laboratory in Saskatoon, SK. All unnecessary communication from the field camp has been curtailed.
The new sulphide zone occurs between a thick acid porphyry unit and a fragmental rhyolite. The porphyry is marked by a weak sericite alteration throughout. A system of fine cross cutting chlorite veinlets occurs in the fragmental rhyolite unit adjacent to the massive sulfides.
Skyharbour Resources is very encouraged with the size of the intersection in the discovery hole. The Company announces it has increased its current drill budget on the South Bay copper- zinc discovery to include a minimum of another 4 drill holes for an added amount of 2400 metres to be completed at this time.
The drill is located on the mainland and therefore the work program will not be affected with the impending spring thaw. The Company has established a full camp on the property and the property is serviced by an all weather road from the main Red Lake highway (approx. 75 km).
The positioning of the drill holes is based upon ground geophysical surveying during the winter of 2007 where ground geophysical surveys were completed including magnetic and horizontal-loop electromagnetics. The anomaly being tested has an inferred strike length in the order of 400 metres based on the "Titan 24" electromagnetic survey.
Skyharbour Resources holds a 100% interest in the South Bay copper-zinc-silver project, located in Dent and Mitchell Townships about 80 km east-northeast of Red Lake, Northwestern Ontario. The 3,200 acres property covers the former South Bay copper-zinc-silver mine which produced 1.6 million tons of ore grading 2.3% Cu, 14.5% Zn, and 3.5 oz/t Ag (Selco 1978).
Skyharbour Resources currently has $2.8 million in working capital and no debt.
David J. Busch, B.A., B.Sc., PGeo., Vice President of Explorations, is the qualified person under the meaning of National Instrument 43-101 and has reviewed the data in this News Release.
About Skyharbour Resources Ltd.:
Skyharbour Resources Ltd. is a gold and base metal exploration company developing projects in the RED LAKE and RAINY RIVER districts of northwestern Ontario, Canada.
To find out more about Skyharbour Resources Ltd. (SYH), visit the Company's website at
www.skyharbourltd.com .
ON BEHALF OF THE BOARD OF DIRECTORS
"Don Huston"
-----------------------------------
DONALD C. HUSTON
President
Re: Skyharbour Resources Ltd (SYH:TSX-V)
Post by guinness91 on Apr 7, 2008, 10:25pm
This is on their website a day early
Another vms identified. I took a nice profit today (guess I should have waited a day). Oh well, I'll hop back in sometime tomorrow.
Tue Apr 8, 2008
Drilling Starts on Step-Out Hole at South Bay Project, Red Lake, NW Ontario, Drilling Identifies Additional Massive Sulphides in Discovery Hole
Vancouver, BC -- Skyharbour Resources Ltd. (TSX-V: SYH) (the "Company") announces that further volcanogenic massive sulphide (VMS) mineralization has been identified in its previously announced SB08-4 discovery hole located approximately 500 metres to the southwest of the former South Bay Mine, 80 km east-northeast of Red Lake, Northwestern Ontario.
In addition to the previously reported copper-zinc intercept in hole SB08-4 by News Release April 3, 2008, a second smaller zone of zinc rich exhalite was encountered 30 metres deeper in the hole at approx. 400 metres. The second zone was intersected over a core length of 2 metres. This may suggest multiple or stacked mineralized horizons, a common feature of VMS deposits.
A second hole (SB08-5) on this same Titan 24 target has now started. The second hole is collared 100 metres north of discovery hole SB08-4 towards the former South Bay Mine shaft and is being drilled in the same direction and with the same dip as hole SB08-4. The step out of 100 metres is deemed reasonable given the continuity of the geology and Titan 24 geophysical response.