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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 8:54pm
170 Views
Post# 35123803

RE:RE:FYI...spoke with Katie at the company...

RE:RE:FYI...spoke with Katie at the company...I don't disagree that there is no urgency. In fact it has no influence on the current economics of the project as presented in the feasibility study. However...the company is pursuing financing.....had they resolved this our share price and market cap would be significantly higher. A higher share price means less dilution with the equity portion of any fnancing. So not resolving this and instead dragging it out does have a material impact on upcoming financing. It also speaks to the mis management of several things starting with the dilutive under market price of the last offering, the spending of a million on a start up explorers stock, and more of our money being wasted on a fruitless appeal. 

If you're fine with all of that good for you....I'm not.  Nor am I happy with the lack of explanation as to why they've made the moves they've made. If you like being passive then fine...I don't
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