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Bullboard - Stock Discussion Forum Skeena Resources Ltd T.SKE

Alternate Symbol(s):  SKE

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... see more

TSX:SKE - Post Discussion

Skeena Resources Ltd > Well that's disappointing....but being stubborn isn't smart.
View:
Post by metalhead666 on Nov 23, 2022 3:57am

Well that's disappointing....but being stubborn isn't smart.

Appealing the decision is just stupid now...a waste of time and money. The court ruled. It might be a ridiculous decision given common sense but it's clearly how the law is written  Write the guy a check and add the Albino Lake ounces to the mine plan and be done with it  It's how it will end up anyway.

I urge shareholders to write to the company or call them and insist they settle this now rather than drag it out to the enrichment of lawers.  Write the guy a check and give him some shares and be done with it.

We part with a million $ and get hundreds of thousands of high grade rocks....Mills becomes rich....everyone is happy.  An appeal is never going to result in a different decision.  Be proactive!  Let your voice be heard. Tell them you object to an appeal and want the matter settled now.
Comment by metalhead666 on Nov 23, 2022 6:16am
You can write to Katie at Katie MacKenzie kmackenzie@skeenaresources.com and I urge everyone to do so. If you can contact Walter then do so. We are seeking financing for the build. If this were settled then the stock would get an instant re-rating higher. If there was only 100,000 easy ounces in the lake and the profit margin was $1000 that's a significant portion of the financing ...more  
Comment by Ridgeback on Nov 23, 2022 8:18am
As I posted way back in Feb. and I was of this opinion. "I'm sure SKE will win the ownership of what has been deposited in the pond but at a cost. The guy causing the issue looks tuff and is likely looking for some kind of payout for doing nothing but having an old claim someone missed in all the details. Sort of like a bad tenant that won't pay the rent and eviction does not come ...more  
Comment by metalhead666 on Nov 23, 2022 8:29am
Exactly!  Who cares what we pay other than we could have paid less if they didn't insist on getting it all for nothing.  Right now a huge free pile of gold is just sitting there. No one is going to pan an ounce from the mud. A deal will have to be reached but with 2 losses on the scoreboard the bargaining power now resides with Mr Mills. Everyone can play hardball and no one will get ...more  
Comment by metalhead666 on Nov 23, 2022 8:30am
Forward your post to the company. Let them know how we, the owners, feel about this foolish course of action.
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