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Eskay Mining Corp V.ESK

Alternate Symbol(s):  ESKYF

Eskay Mining Corp. is a natural resource company engaged in the acquisition and exploration of mineral properties in British Columbia, Canada. The Company has operations in the Province of British Columbia, Canada. It is focused on the exploration and development of precious and base metals along the Eskay rift in a highly prolific region of northwest British Columbia known as the Golden Triangle, 70 kilometers northwest of Stewart, British Columbia. It holds mineral tenures in this area, comprised of 177 claims (130,000 acres). The ESKAY-Corey Property comprises several gold-silver (Au-Ag) volcanogenic massive sulfide (VMS), and gabbro-hosted magmatic nickel-copper-platinum group elements (Ni-Cu-PGE) targets located in the Golden Triangle. Its main VMS target areas on the property include the SIB-Lulu, TV-Jeff, C10, GFJ, and Spearhead zones. The Jeff showing lies four km south-southeast of the Lulu zone. The TV showing is 1.5 kilometers south of Jeff.


TSXV:ESK - Post by User

Comment by goldanalyston Mar 04, 2021 8:05am
155 Views
Post# 32712973

RE:RE:RE:Feb 15 Short interest is 986,000

RE:RE:RE:Feb 15 Short interest is 986,000over my 30 years experience in the mining business I can tell you firsthand that it's a mug's game to try and out guess the market. Almost everyone knows that drilling won't be starting up for a while hence the drop from $3 to $2. Along with the gold price of course. Now I ask you which way will the gold price trend between now and June? Will there be surprises from the company between now and June? Things happen so quickly and things can change in a moment with junior mining stocks. Best advice I can give is if you know you have a winner hang on tight and add if you have some dry powder. We are definitely in a commodity bull cycle and gold is still in a bull run nearing a bottom in its current bear trend. Gold has fought off "vaccine" news....."Bitcoin"...."being regarded as uselesss commodity narrative"...and now the "10-year bond" excitement". We are still at $1700 after all that!!! The debt issue for the US and other world governments isn't going away. In fact it will get worse. I expect all gold stocks to move forward and some point in the next year. I am expecting to be holding ESK for years not days or months. My advice is to have a 3-5 year time horizon on gold stocks. Too long? Oh well....not too long for me.......
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