Post by
rdy2rumble on May 16, 2023 4:52pm
Metalhead
See news over at your SKE regarding a financing.. I'll be starting my position in SKEENA tomorrow morning given what I read today plus what you've indicated.. ok I'll be watching gold after market,, maybe Skeena gets even cheaper but given the bought deal in the mid 7"s and he current SP looks ripe
Comment by
metalhead666 on May 16, 2023 6:48pm
Why don't you ask him? You do realize he has over 700,000 shares don't you? The land claims are afterthoughts...Eskay, Snip and soon the Albino 300k ounces are what counts. If they explore and hit something big, a copper porphory or another Eskay then all the better. What matters is eventual cash flow, AISC and ease of production.
Comment by
AlwaysLong683 on May 17, 2023 2:29pm
Another SKE Insider's recent transactions according to CEO.CA: Paul Geddes (Senior Vice-President, Exploration & Resource Development): May 11 to end of week: sold all 365,093 of his SKE shares.
Comment by
metalhead666 on May 16, 2023 6:44pm
You'll get a great price as dummies panic sell and whine about "dilution"....kills me everytime. As if mines build themselves with love and pixie dust. Skeena is back to 25% of NPV so it's cheap. Resource update within 3 weeks will make it even better. Don't be afraid of trading this from time to time but I'll be adding a few tomorrow for the long haul.
Comment by
metalhead666 on May 18, 2023 9:55am
I get it. I'm talking with Skeena today and am going to bring all this up to see what they have to say for themselves. While insider buys and sells can be telling they often aren't. I'll get back to you after my call.
Comment by
NineLives on May 18, 2023 1:03pm
And the good news is you took a 30% plus haircut on your investment because you failed to research SKE correctly. Bravo Metalhead !!
Comment by
goldstd69 on May 18, 2023 2:41pm
It is rare you get the real story on the bullboards...more bull and less boards.
Comment by
Angelique01 on May 18, 2023 7:42pm
Flip Flop. Flip Flop. That is not what you posted. You said the full $65M is being treated as capex not $65M less the $18M. Posting one thing and then saying somehting different two seconds later. A real clown show.
Comment by
goldstd69 on May 18, 2023 8:31pm
am expecting more drill results sooner than later...should continue to boost the IAU story...
Comment by
Angelique01 on May 18, 2023 8:39pm
Capex for Skeena is $451M Capex for IAU Ruby Hill is $150M Enuf said.
Comment by
goldstd69 on May 18, 2023 8:47pm
I expect mining stocks including IAUX to correct oversold conditions..jmho dyodd
Comment by
metalhead666 on May 18, 2023 9:23pm
Skeena will produce 400k ounces at one of the lowest AISC in the industry....Ruby Hill not so much...you get what you pay for
Comment by
TomWicken on May 19, 2023 8:42am
skeena is not 400k ozs its 300ks... google -payability- plus big hits to revenue due to deleterious elements and concentrate transportation Gross Revenue $5,981 Penalties C$mm ($50) Transport C$mm ($317)
Comment by
metalhead666 on May 19, 2023 9:20am
My bad...431,000!! Not counting Snip and the additional high grade that will be in the updated resource due out in 2 weeks At sub $700 ALL IN SUSTAINING COST
Comment by
TomWicken on May 19, 2023 7:50am
if this was all so obvious why recommend SKE 4 weeks ago at $9/sh... Post by metalhead666on Apr 19, 2023 7:51am 205 Views Post# 35402375 Price target raised...more than 100% gain... Skeena and Artemis are IMHO the only 2 gold/silver projects worth owning
Comment by
metalhead666 on May 19, 2023 8:28am
Well my timing crystal ball battery was low. What a stoopid question. I never suggest anyone do anything or go all in all at once and don't care about short term moves based on poor analysis by retail know nothings. SKE will be a a triple at least but the time to sell it is out there a couple of years...the time to accumulate is now.