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Skeena Resources Ltd T.SKE

Alternate Symbol(s):  SKE

Metals & Mining Gold
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

Skeena Resources Ltd
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Post by seveneleven711on Jul 22, 2020 11:05am
276 Views
Post# 31301844

fyi

fyi Silvercrest(SIL) has an I&I resource of 108 million AG ounces in the ground while Skeena has an I&I resource of 4.6 million AU ounces. The market cap of SIL is approaching $2Billion CAN. Please read the following and I would greatly appreciate any input.

https://seekingalpha.com/article/4357730-silvercrest-valuation-is-not-risky-and-upside-coming

note....SIL resource is expected to increase by a factor of 4x ( 4x108 = 432 million ounces of AG) as article mentions which validates a $2B MC for SIL. Compare 432 million ounces of AG to 4.6 million ounces of AU for SKE. WHAT do you notice!
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