Skeena Resources Ltd T.SKE

Has Everyone Given Up On Additional Resources ?

[Frozengoldwaiti]

Besides the market crashing and costs rising, is there no hope of additional resources being found to get this resource up and over the 5 million mark ?

Are they not drilling out the areas that were originally strip waste and also outside the conceptual pit ?

The project has 5% value with the current size,grade, location, and accessability.
There should be additional value for the upside still to come.

Any ideas or facts that are killing the value here ?

OR is the price just being pushed down by bigger forces before a takeover.

[BSdetector2016]

Capex is spiralling as is borrowing costs. Both will way heavily on the value of the project. The market also hates gold and prognostication for lower Au price going forward add to the negativity.

[metalhead666]

The resouce will go well over 5 million once the lawsuit over the Albino Lake waste dump is settled. There's a huge amount of gold there but it's being held up by some dude who thinks he owns it....Skeena decided to take it to the supreme court instead of settling....it will take months to get a ruling which should go in favor of Skeena. Then you can add in tons more ounces. Even if they