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Sky Gold Corp SRKZF


Primary Symbol: V.SKYG

Sky Gold Corp. is a Canada-based junior mineral exploration company. The Company is engaged in acquiring and advancing mineral properties in Canada and the United States. The Company’s properties include Evening Star, Mustang, Virginia, Imperial, Greenwater Lake, Kekekuab Lake and Sun Gold, Star Lake, Laurie, Horne, and KA Property. Its Shebandowan Portfolio consists of two properties located 80 and 125 kilometers west of the city of Thunder Bay. Its Shebandowan Property consists of nickel-copper-cobalt-platinum group element (Ni-Cu-Co-PGE) Shebandowan Property comprises of approximately 5,894 hectares and is situated within the Shebandowan Greenstone Belt in northwestern Ontario. The Evening Star property is located in west central Nevada in Mineral County and is comprised of approximately 43 unpatented mineral lode claims totalling over 660 acres. The Sungold property exhibits striking similarities with the geologic setting of the past producing Shebandowan mine.


TSXV:SKYG - Post by User

Comment by lifegoesonon May 22, 2021 11:12am
163 Views
Post# 33253882

RE:New Found Intercepts 146.2 g/t Au over 25.6m

RE:New Found Intercepts 146.2 g/t Au over 25.6mHowestreetbull, it sure was a wild ride in the markets yesterday. NFG released amazing results, just take a look at the press release and visible gold in the cores. They opened for trading with 30 minutes left in the day and traded close to a million shares, closing at $10.86. Speculators ran aftter LAB and NFLD gold driving them to new all-time highs over $1, but speculation didn't quite stop there as people jumped on the price of SKYG the last 30 minutes to close at $0.20, bid $0.195 on aboiut 1.5 M shares. Is this the start of something good, or just plain old speculation based on the area play developing around NFG. No doubt the cheaper plays may be getting more and more expensive as players sell portions of their higher priced stocks and leverage down in to cheaper plays. Just think about it, if one sold only 1,000 shares of NFG yesterday at $10, they can leverage down and buy 50,000 shares of SKYG, at $0.20 simply put, this is how leveraged exponential profits occur. Ask yourself what is the downside (likely low), but what is the upside, likely explosive if SKYG finds anything. The trickle down of money from higher priced companies in an area play generally supports and moves the prices of lower shares in the same area. SKYG has money, has Sprott, and can drill right next to NFG. Who knows, but one thing for certain, it is a fun game when everyone is winning. Let's not forget, SKYG has a great property also contiguous to the south of Labrador Gold Corp.'s Kingsway property, where drilling is active on the Big Vein target. And lastly, they are getting ready to drill their Evening Star property in Nevada.
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