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Strikepoint Gold Inc V.SKP

Alternate Symbol(s):  STKXF

Metals & Mining Gold
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

Strikepoint Gold Inc
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Post by Lock12345on Mar 02, 2021 11:14am
225 Views
Post# 32694753

Price Targets for SKP

Price Targets for SKPBased on lack of activity with StrikePoint with no new corporate developments or news since the February 3rd drill results release and recent sentiment in the overall junior mining market since the run up in early January, I am tweaking my prediction parameters as I think we need to see higher gold and silver prices to hit my SKP targets.

Assuming the price of gold reaches and stays above $2000 USD and the price of silver reaches and stays above $30 USD for 2021, here are my price targets for SKP:
 
- July 2021: $0.30 CAD
- October 2021: $0.45 CAD
- December 2021: $0.60 CAD
- March 2022: $0.80 CAD
 
This is based on 181 million shares outstanding.  Calculations would change with further share dilution.

I hate moving the goalposts and revising price targets downward but Shawn K. leaves me with no choice.
 
GLTA
 
Lock12345
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