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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

Comment by mferguson71on Oct 21, 2020 9:29pm
119 Views
Post# 31759928

RE:When do we get another Rally ?????????????????????

RE:When do we get another Rally ?????????????????????After Q3 financials are released is my guess. Once we can show consecutive quarters of production without hiccups alot of new investors will take notice. Right now exploration companies have been the hot hit. As we head into the american election I can see that shift occurring from exploration to majors and then to producers to alleviate risk. Alot of majors are increasing dividends or even sitting on physical metal. Mid tier producers may announce their plan to reduce debt or a small dividend. Small caps in my mind will look to use positive cash flow to negotiate financial loans or lowered interest rates. Banks will be aggressive if they can see positive cash flow because of where bonds are. Where else do they put money to work? Hopefully means less dilution going forward too. Share buybacks always am option. Just my opinion. Thats at least what I'm looking for on my positions.
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