Skyharbour Resources Ltd V.SYH

Alternate Symbol(s): SYHBF

Metals & Mining Industrial Metals & Minerals

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

Skyharbour Resources Ltd

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Comment by SnowyWindowson Feb 05, 2019 10:24pm

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Post# 29324095

RE:RE:End of Month - January 2019

Other stocks like Goviex have followed Skyharbour into the lower stock price levels.

Skyharbour is in a good position with already owning a sizable uranium discovery. They can sit on the sidelines, continue to drill holes, and watch Denison Mines test out Athabasca in-situ mining. This would be a high margin, cheap capex, solution to the current Maverick Zone discovery.

There is still plenty of discovery/upside potential. But of course Fission/Nexgen are safer. Skyharbour is an explorer with $20M market cap. No micro cap is a “safe play”. It has higher upside potential, as well as downside, compared to Fission/Nexgen.