RE:SASY INFO Sassy Resources (SASY, CSE) has turned the corner from a technical perspective while the possibility of an important new discovery at grassroots Westmore means the company’s market cap ($23 million) deserves to be higher than 13.5% of the Eskay Camp average ($169 million) for the 12 main juniors in the district.
Important discoveries in the rich Eskay Camp drive valuations into the hundreds of millions of dollars as we’ve seen with Garibaldi, Tudor, Skeena and Eskay – in that order since 2017.
Sassy has the best chance of being the next company in the district to pull off a similar feat given developments at the Foremore Property as outlined last Friday (Westmore Gold-Silver) and near the end of December (multi-km-long VMS corridors with Copper showings as high as 21% and high-grade Gold-Silver-rich intercepts + base metals from near-surface to depths of 200 m).