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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 15, 2023 5:33am
124 Views
Post# 35736141

RE:Financing/Dilution

RE:Financing/DilutionDoesn't matter. Sell equity or go into debt or sell a stream....this is how mines get built.  With equity you're not paying loan shark rate interest and every ounce sold is yours.  At a depressed share price dilution is an issue but it isn't as if you're getting diluted for nothing in return....you get a monster cash cow producing gold mine and with equity you're not beholden to some loan shark like Sprott or one of the crooked Canadian banks
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