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Skeena Resources Ltd T.SKE

Alternate Symbol(s):  SKE

Skeena Resources Limited is a Canadian mining exploration and development company. The Company is focused on revitalizing the Eskay Creek and Snip Projects, two past-producing mines located in Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada. The Eskay Creek portal consists of eight mineral leases, two surface leases and various unpatented mining claims totaling 6,151 hectares. The Snip Property consists of one mining lease and eight mineral claims totaling approximately 4,546 hectares in the Liard Mining Division. The Snip Property’s indicated resources include 823,000 ounces hosted within 2.74 million tons at an average grade of 9.35 g/t Au.


TSX:SKE - Post by User

Comment by metalhead666on Nov 23, 2022 10:54am
247 Views
Post# 35121829

RE:Takes 2 to tango

RE:Takes 2 to tangoHe can ask anything he wants but he'll never ever mine a single ounce from it.  He cannot build a mine, cannot access the property, will never get a single permit etc. It is totally and completely useless to him except for a payoff from Skeena who should have known better years ago.  He will be responsible for care and maintence which I'm certain he is either unable or unwilling to do.  This is the 4th screw up by management IMHO. 

1. Not securing the rights to the lake from the get go

2. A horrible equity raise that screwed us all

3. Spending more than a million on some start up rock gatherer

4. Appealing a lost cause instead of settling 

All that had to be done was have the lawyers write numbers on pieces of paper and pass them back and forth until some middle ground was reached.

IMHO it shows a very amatuer management who did a fantastic job of getting us here but can't manage all the details very well. Doesn't inspire confidence 
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