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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 Feb 23, 2024 6:37am
211 Views
Post# 35895039

RE:RE:RE:RE:RE:Plunging again

RE:RE:RE:RE:RE:Plunging againTrading at .17% of NAV now....it's cheap.  Walter seemed sure that there would be little if any dilution and a gold/silver stream would be a significant part of the financing.  Doesn't matter to me how they raise it so long as they do at decent terms. I only care about the price to NAV...buying when it's cheap and selling when it gets close to 1x NAV...the Lasonde Curve.  ARTG now trades at .6 x NAV. Once SKE is well along in construction it too should trade at a similar price to NAV...that's a triple from here. I don't have any problem tripling my money in 2 years or so. And that's if things stay the same...if we get a resumption of a gold bull then all the better. 
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