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Strikepoint Gold Inc V.SKP

Alternate Symbol(s):  STKXF

StrikePoint Gold Inc. is a Canada-based gold exploration company focused on building precious metals resources in Canada and the Western United States. The Company’s projects include Cuprite, Willoughby and Porter. The Cuprite Gold Project consists of approximately 574 unpatented claims covering approximately 44 square kilometers (km), located 15 kilometers (km) south of Goldfield Nevada, and 85-km northwest of Beatty. The project is located within the Walker Lane Gold Trend. The Company holds a 100% interest in the Willoughby property, located in north-western British Columbia. The project is subject to a 1.5% net smelter return (NSR) royalty. The Company holds a 100% interest in the Porter Idaho Property, located near Stewart, British Columbia. The property is subject to a 1% NSR. It also holds Hercules Gold Project, which consists of 1,323 unpatented mining claims and four patented mining claims covering approximately 100 square kilometers of prospective Walker Lane geology.


TSXV:SKP - Post by User

Bullboard Posts
Comment by lmcbainon Feb 01, 2019 2:16pm
76 Views
Post# 29306944

RE:RE:A few thoughts on the current status

RE:RE:A few thoughts on the current statusNot a pumper at all, simply following what's going on with the company and discussing the developments with other interested investors when they occur.  

The projects have enough history to merit the exploration work being done and the results that have been achieved again indicate the projects have merit and the extensions that are being discovered suggest that the "hoped for" expansion of the known resources is well underway.

The stock itself is underperforming and some of that is the market itself, some of it is market management, but the company remains funded and the scope of the projects continues to improve, so it makes sense to continue paying attention.

If you read my posts, I am not blindly supporting or "pumping" the company. Criticism, when warranted, is made and I have not gotten all excited over some of the numbers published from the sampling programs either - whereas a pumper would.

This most recent press-release is wrapped in positive language from both companies seller and SKP, but the inclusion of the term "Non-binding" immediately suggests that only the most aggressive investor should be reacting to the news, whether the inclusion of the term is just a necessary formality or not. A more risk averse investor should be waiting for a more concrete announcement instead, but the property would be a good addition to the company portfolio.

Salut,
Leigh McBain
Bullboard Posts