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Sky Gold Corp V.SKYG

Alternate Symbol(s):  SRKZF

Sky Gold Corp. is a Canada-based junior mineral exploration company. The Company is engaged in acquiring and advancing mineral properties in Canada and the United States. The Company’s properties include Evening Star, Mustang, Virginia, Imperial, Greenwater Lake, Kekekuab Lake and Sun Gold, Star Lake, Laurie, Horne, and KA Property. Its Shebandowan Portfolio consists of two properties located 80 and 125 kilometers west of the city of Thunder Bay. Its Shebandowan Property consists of nickel-copper-cobalt-platinum group element (Ni-Cu-Co-PGE) Shebandowan Property comprises of approximately 5,894 hectares and is situated within the Shebandowan Greenstone Belt in northwestern Ontario. The Evening Star property is located in west central Nevada in Mineral County and is comprised of approximately 43 unpatented mineral lode claims totalling over 660 acres. The Sungold property exhibits striking similarities with the geologic setting of the past producing Shebandowan mine.


TSXV:SKYG - Post by User

Post by howestreetbullon Nov 10, 2020 7:01am
161 Views
Post# 31868651

SKYG.v Weekly T/A Update

SKYG.v Weekly T/A Update
We had a nice breakout this past week (with a solid 21.4% gain) above the downtrend line in place since our summer highs in the low 0.20's level, several indicators are turning positive like the Full Stochastics, Slow Stochastics , Macd histogram breaking the DT, ADX line  and Chaiken Money Flow is positive.  The ACC/DIS indicator is breaking out of a wedge formation showing that the summer profit taking has been overtaken by the speculation over the coming drilling program.  Techincally the stock reversed off of the 0.23c level to the 0.618% Fib level of 0.13c with a minor overshoot down to 0.12c support level as expected , Fib projections based on this structure point to a 1.618 level of 0.32c.  Time to position is upon us imho for those of you who have been waiting or sitting on the fence...cheers...hsb

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