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

Sitka Gold Corp > short

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Comment by looking4detailson May 16, 2021 10:49am

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Post# 33211230

RE:short

It takes naked shorting or some pretty big balls to short this stock at these prices. The potential of gold and silver to run hard at any time are very real. One quality drill hole in Nevada or the Yukon (even though probably won't happen to a couple months) is also very real....cash alone justifies 1/3 of the current price (understanding that it will be spent on drilling).

Shorting this stock at these prices is beyond my tolerance level.

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