Skeena Resources Ltd T.SKE

Alternate Symbol(s): SKE

Metals & Mining Gold

Skeena Resources Limited is a precious metals developer that is focused on advancing the Eskay Creek Gold-Silver Project, a past producing mine located in the Golden Triangle in British Columbia, Canada. Eskay Creek represents one of the highest-grade and lowest cost open-pit precious metals mines in the world, with substantial silver by-product production. It also owns the past-producing Snip gold mine (Snip). In addition to Eskay Creek and Snip, the Company also owns several exploration stage mineral properties in the Golden Triangle and Liard Mining Division of British Columbia. Its 100%-owned Eskay Creek Project is a high-grade volcanogenic massive sulphide (VMS) deposit. The Snip mine consists of one mining lease and eight mineral claims totaling approximately 4,546 hectares (ha) in the Liard Mining Division. It has staked a 74,633-ha Hoodoo Project, located approximately 65 kilometers northwest of Eskay Creek. It also has interests in KSP property.

TSX:SKE - Post by User

Skeena Resources Ltd > Big trade this morning

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Comment by jfan22on Mar 23, 2022 2:06pm

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Post# 34538523

RE:RE:Big trade this morning

Unfortunately it seems to be Barrick selling their position.

https://www.barrick.com/English/news/news-details/2020/barrick-signs-definitive-agreement-on-eskay-creek/default.aspx

They held pre-split 35,325,000 shares (assuming full exercise of their warrants), which is 8,831,250 post split. Exactly the size of the transaction this morning...

The buyer identity will determine whether this is good news.

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