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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 AlwaysLong683on Dec 14, 2023 12:58am
219 Views
Post# 35783712

RE:RE:RE:RE:RE:RE:RE:An up day? A leak of drill results? Financing?

RE:RE:RE:RE:RE:RE:RE:An up day? A leak of drill results? Financing?I wouldn't be getting ready to break out the champagne yet. This was a big day for gold in general with Powell indicating there may be interest rate cuts in 2024. SKE finished strong, up 18%, but dud companies (IMO) like LAB (15%) and IAU (10%) were also up big on no news. Are there multiple "leaks" of drill results going on with a bunch of companies at the same time....?......or is it just a good day for gold stocks as a whole as investors looking at the Canadian small cap space decided to jump into these (and other) names....? I think the latter. We shall see in the coming days whether SKE and/or gold stocks hold on to their gains, rise more, or give back.
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