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Sky Gold Corp V.SKYG

Alternate Symbol(s):  SRKZF

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 Maxdudeon May 29, 2021 6:35pm
144 Views
Post# 33293236

RE:Just filed Financials and MD&A for March 31, 2021

RE:Just filed Financials and MD&A for March 31, 2021Thanks for the summary. Think the share price is moving up because of potential of these properties. Any good results from the earlier drilling may blow the lid off this one due to fact that this is an extremely hot area right now. Every day that goes by we are getting closer to these results....don't mind the gradual creep up of the share price until these results....JMHO
lifegoeson wrote: SKYG just filed their Financials and MD&A for March 31, 2021. They have about $1.3 M in cash and receivables, also some pre-paid expenses (Consulting). They say the results from Mustang are stil outstanding. Also they outline the Imperial Property but there isn't much historical detail (I am sure this will follow at some point). So we now have Mustang (results pending), Imperial in Quebec (next to some big players, like Starr), and Evening Star in Nevada (drilling permits must be near, they have already contracted a driller). As I said before, this is the 3rd time the price has crossed into the low twenty cent range. One good part is they exercised both warrants and options which raised capital without further dilution. Hopefully one of these three properties click and allow them to raise money at higher prices. I wonder what Sprott is thinking about Mustang, he put $2M in and much like us, probably waiting for results.


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