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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

Post by metalhead666on Jan 30, 2024 4:14am
224 Views
Post# 35852021

Silver ETF accounted for the big move .....

Silver ETF accounted for the big move .....There were additions and deletions in a silver ETF so it wasn't anything fundamental to the company. That being said I urge you all to watch the best company presentation ever done by a miner...the link is in my previous post.  SKE is a rare gem and very much IS a takeover target. With 500k ounce production and an enormous land package in the Golden Triangle a major would be foolish not to make a run for it.  Even without a takeover SKE is a multi bagger. Very little dilution to come with a final share count under 150 million?  You don't find mines like this anywhere. The presentation laid out a brilliant plan to bring this into production, get the ounces in Albino, explore their massive land package, deal with snow etc....The only other project out there worth owning is Trolius which will have a monster of a mine detailed in their FS due out any day now.  I've been building positions in both and will continue to do so on any dips. 
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