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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 > Think the FED won't fold? Think again..
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Comment by AlwaysLong683on Nov 08, 2023 2:02pm
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Post# 35724201

RE:RE:RE:Think the FED won't fold? Think again..

RE:RE:RE:Think the FED won't fold? Think again..Weren't a lot of people predicting Aremageddon for the US big banks and economy in general in the midst of the financial crisis of 2007-09 when they were genuinely in trouble...? In that instance, the Bush Administration provided assistance to the big banks (too big to fail in action), the crisis passed, and US stocks rallied big-time after it was over. As far as the price of gold was concerned, it had been rallying since 2001 and is currently close to its all-time high of $2,075.

Today, I've seen no indication that the big banks are in trouble - in fact, they actually pitched in to pledge $30B to First Republic to stop the panic / bank runs on regional banks. First Republic is now part of JP Morgan Chase.

Be sure to let us know when any of the following "fail":
Bank of America, Citigroup, JP Morgan Chase, Morgan Stanley, Wells Fargo, Goldman Sachs, US Bancorp, Bank of New York Mellon.

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