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Skeena Resources Ltd T.SKE

Alternate Symbol(s):  SKE

Metals & Mining Gold
Skeena Resources Limited is a Canadian mining exploration and development company. The Company is focused on revitalizing the Eskay Creek and Snip Projects, two past-producing mines located in Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada. The Eskay Creek portal consists of eight mineral leases, two surface leases and various unpatented mining claims totaling 6,151 hectares. The Snip Property consists of one mining lease and eight mineral claims totaling approximately 4,546 hectares in the Liard Mining Division. The Snip Property’s indicated resources include 823,000 ounces hosted within 2.74 million tons at an average grade of 9.35 g/t Au.


TSX:SKE - Post by User

Skeena Resources Ltd > went up too fast..
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Comment by AlwaysLong683on Jul 20, 2024 8:37am
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Post# 36141045

RE:RE:went up too fast..

RE:RE:went up too fast..Nice run up in the share price. Financing package was well done, but I believe investors got carried away by bidding up the share price (and thus market cap) so high so quickly - too bullish given the current status of the project with contracting and permitting (especially Fed permitting) for the project still ahead of them before the start of the actual mine build.

I'm also waiting for a resolution to a potential permitting issue with Alaskan tribes before making an investment decision. Has the company commented on this issue yet, because it appears it could go to court and may be a coin flip re. what the verdict is, not to mention possible timeline delays...?

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