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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 > Court case settled...Mills lost...Skeena to appeal to win!
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Post by metalhead666 on Jun 15, 2023 11:41am

Court case settled...Mills lost...Skeena to appeal to win!

Mills is out of the picture now. Orogenic won. They were his former employer so they have the right to the rock in Albino Lake not Mills....NOW....we take Orogenic to supreme court for the win OR we come to some terms with Orogenic where they get a check and we get 300,000 high grade ounces just sitting in a pond waiting to be scooped up and run though our future mill.....One way or the other we will have those ounces....should be worth at least $300 Million.  Will no doubt take months to sort out in Supreme Court but we're in no rush. The point is we will have a huge boost to the resource one way or the other. No one will process that ore other than Skeena
Comment by metalhead666 on Jun 17, 2023 5:32am
And at $1000 per ounce profit margin the already mined ore in Albino Lake is worth nearly the entire market cap of the company now. Add in Snip and by buying the stock here you get the entire Eskay open pit for essentially free.  Once this case is finally settled, an offical resource is done on Snip....SKE should rerate to double it's current price. I don't think the "market" ...more  
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