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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 HomeRunHunteron Feb 05, 2020 1:35pm
89 Views
Post# 30646956

RE:RE:RE:GJ Resources. ..

RE:RE:RE:GJ Resources. ..Another great post.  I knew a long time ago when you made the comment about "trade if you want" that you are a seasoned player.  You have done nothing but confirm that with all your subsequent posts including this one.

One thing I think you could be overlooking though is that Market Cap (foolish shareholders) does not equal Market Value.  So many of these deposits change hands at huge discounts.  I saw once that some of them trade at 1% of NPV besides cash is king!  What if you are right and junior funding shuts right down again?

If we knew gold would stay here, say gold over 1300 and no market catastrophes then I would feel differently about hanging on to it but we don't and Skeena is exposed enough to a 2 year correction in long term gold bull.  Just sayin.  I think its possible so like you have lightened up but hope I was wrong to do it because of what I still hold.  Cheers
Bullboard Posts