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Skyharbour Resources Ltd V.SYH

Alternate Symbol(s):  SYHBF

Skyharbour Resources Ltd. is a uranium exploration company. The Company holds a portfolio of uranium exploration projects in Canada's Athabasca Basin. Its projects include Moore Lake-Core Project, Russell Lake-Core Project, South Falcon, South Falcon East, Preston, East Preston, Hook Lake, and others. The Moore Uranium Project consists of 12 contiguous claims totaling 35,705 hectares located 42 kilometers (km) northeast of the Key Lake mill, over 15 km east of Denison’s Wheeler River project. The Russell Lake Project is an advanced-stage uranium exploration property totaling 73,294 hectares strategically located between Cameco’s Key Lake and McArthur River Projects. Its South Falcon Point Uranium Project covers 32,235 hectares covering nine claims over 50 km east of the Key Lake mine. The Hook Lake area is located near the northern end of the property. The Company also owns Foster property. The Company also holds seven claims totaling 23,822 hectares in and around the Athabasca basin.


TSXV:SYH - Post by User

Bullboard Posts
Comment by notBuffeton Apr 28, 2014 6:37pm
56 Views
Post# 22500098

RE:RE:Chang changes!

RE:RE:Chang changes!By no means am I expert. But, to attempt to answer your questions:
1) I think SYH will go down to at least $.075. There's nothing keeping it where it is now. UNLESS, the Syndicate releases an amazing bit in the news about hole 7 next month. I hope they do!
2) 2015? It depends on what happens with the Syndicate. If it falls apart, then the share price has no where to go but down. According to investor relations, SYH is well funded at this point but by 2015 they may well have burned through that cash and will have to hold another private placement and dilute current shareholders. 
This is all a gamble and screaming all is well does not change what is actually happening. Will have to wait for hole 7 news. I was told by SYH investor relations that they like hole 7 more than any other hole on the WASP yet. But, I don't think it wil be good enough to convince investors.
Bullboard Posts