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Skeena Resources Ltd T.SKE

Alternate Symbol(s):  SKE

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

Comment by metalhead666on Nov 02, 2023 6:08am
225 Views
Post# 35712829

RE:Six Months Ago

RE:Six Months AgoARTG was clearly the better buy. SKE was way over valued for the last couple of years so it's no surprise that it's pulled back to a more reasonable price.  I'm a believer in the Lasonde Curve and valuing a mining project as a % of NPV.  ARTG was and still is on sale. SKE is now reasonable. The updated FS due out mid month....delayed a little bit....will put the project in much better focus. I suspect SKE will represent a bargain value here with full valued being realized over time as they advance the project.  I nibbled a bit and will hold until 1st pour....bought a lot of MOZ on the washout....holding ARTG until late next year or so.  All good.  The sentiment towards the group will shift and gold will go on a run...just have to buy right and sit tight
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