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Sitka Gold Corp V.SIG

Alternate Symbol(s):  SITKF

Sitka Gold Corp. is a Canada-based mineral exploration company. The Company’s principal business activity is the exploration for mineral resources in North America. The Company’s projects include RC Gold, Alpha Gold, Coppermine River, and Burro Creek. The RC Gold Project, comprised of the RC Gold, Mahtin, Clear Creek and Barney Ridge properties, is a district-scale, contiguous land package of 1,891 claims covering approximately 431 square kilometers. Alpha Gold Property, located along the southeast projection of the prolific Cortez Gold Trend in Eureka County, approximately 135 kilometers southwest of Elko, Nevada. The Burro Creek Gold Project is located 105 km by road southeast of Kingman, Arizona. The Company through its wholly owned subsidiary Arctic Copper Corp., holds approximately 7,500 hectares of mining claims in two separate claim blocks in the Coppermine River area in Nunavut that exhibit potential to host economic grades of copper and silver mineralization.


TSXV:SIG - Post by User

Comment by looking4detailson Feb 14, 2021 8:41am
65 Views
Post# 32564104

RE:RE:RE:RE:RE:RE:RE:and there is the reason for the relentless selling

RE:RE:RE:RE:RE:RE:RE:and there is the reason for the relentless selling

GMB1
 

The point that I was trying to make, why worry about pennies (now include percentages) on a company and management that you don't seem to trust?  For me, that is the very reason that I bought in.  Even though I trust management, it doesn't guarantee success, but that is where it all begins and ends for me.  When you tried to insinuate that management might be up to shady dealings at the beginning of the month, you crossed the line for me.  You continue to talk the company down, but admit to look for an entry point.  If you don't trust management, why have any entry point at all?

I have no doubt that you are good at investing and probably better than me, but I do question your tactics.  I have no problem with anyone who questions my numbers, I have no problem with anyone who notices a problem or potential problem with the company.   This chat room is hopefully to discuss ideas that might make (or save) us all more money.  From my perspective, we are entering into a pivotal part of Sitka's life.  They have the money, they now have a better understanding of the ground of each of their properties (due to last years maiden drilling), so I continue to bet on their expertise to find good targets....while continuing to watch them bet on themselves, by buying in the open market.  Win or lose, I will be able to live with the results.  In the fall, I will reevaluate the company to the best of my ability and decide to buy, sell or hold at that time.  

Most of us are here to make money and I would venture to say most of us try to play an honest game while doing so.  I believe you have the ability to add a lot of value to this board, but I'm not a fan of how you seem to lay the narrative currently, to gain a better entry point for yourself.  It is my belief that any relationship begins and end with trust....friendships, relationships or business dealings.....if management "leaves a bad taste in your mouth" why eat their cooking?

 

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