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Skeena Resources Ltd T.SKE

Alternate Symbol(s):  SKE

Skeena Resources Limited is a precious metals developer that is focused on advancing the Eskay Creek Gold-Silver Project, a past producing mine located in the Golden Triangle in British Columbia, Canada. Eskay Creek represents one of the highest-grade and lowest cost open-pit precious metals mines in the world, with substantial silver by-product production. It also owns the past-producing Snip gold mine (Snip). In addition to Eskay Creek and Snip, the Company also owns several exploration stage mineral properties in the Golden Triangle and Liard Mining Division of British Columbia. Its 100%-owned Eskay Creek Project is a high-grade volcanogenic massive sulphide (VMS) deposit. The Snip mine consists of one mining lease and eight mineral claims totaling approximately 4,546 hectares (ha) in the Liard Mining Division. It has staked a 74,633-ha Hoodoo Project, located approximately 65 kilometers northwest of Eskay Creek. It also has interests in KSP property.


TSX:SKE - Post by User

Bullboard Posts
Comment by zentrarianNZon Sep 27, 2016 5:54pm
170 Views
Post# 25283585

RE:Article on Porter Idaho property

RE:Article on Porter Idaho propertyAnother good article from the NM. Placed a small bet on SKE today - probably the first of many.

This little up-and-coming miner has it all: aggresive management,  a legendary geologist-explorer, safe location, several properties with proven history and high exploration potential, and now a very high grade option play on silver. (Which is itself a kind of option play on gold.)

It's still highly speculative, of course, which is why I'll keep it in the lottery ticket part of my portfolio (<1%). And the share count is frightening. (Expect a rollback in your future.) But otherwise, barring a takeover on unfavorable terms (unlikely with 80% insider and institutional ownership), it looks like a slam dunk to me, at least for the patient investor.

Contrary opinions welcomed, please.

 

 
Bullboard Posts