What I heardThanks to metalhead for posting that interview.
My interpretation might well be different from your own, but I heard a clear downward massage of resource numbers expectations. After all the drilling in the last year or 18 months, we should probably expect to add another year of mine life - so ballpark 350,000 ounces. That is disappointing.
Resource number delayed until sometime in June. I have never understood the huge amount of time it takes to produce these numbers. But Skeena is not alone in taking a LONG time to produce said numbers.
Very lame explanation for the $7.30 bot deal when short weeks prior the stock price was briefly over $10. Put it down to those evil short-sellers who smelled blood in the water, i.e. SKE needing money.
Whatever the news flow over the next 6 months, good, bad or indifferent, we KNOW there's going to be a big equity component in the financing package arriving in the December-January timeframe. Bet on January. Also bet (heavily) that the issue price of said financing will be a HUGE disappointment. You do not want to own this stock beyond November. Walter has completely screwed up the last two offerings which were for rather modest amounts of about $30 and $65 M. When they need $200-odd M it's gonna be REALLY ugly.
Only caveat to the above fiasco-in-waiting is the totally unpredictable possibility of somebody making a hostile takeover bid. I don't see that happening because any bidder is going to want access to all the available info re deleterious elements.