Skeena Resources Ltd T.SKE

Six Months Ago

[templetooth2]

Back in early May, SKE was over $10 per share, and Artemis about half that, bumping up to $5 on a good day.

Since then, Artemis has quietly plugged along and is currently a little over $5. SKE is now about 10% lower than ARTG.

I came to the conclusion a month or two ago, not soon enough, that I had way too much SKE and not nearly enough Artemis. Thankfully I acted when I did. Just yesterday I bot back some SKE (too early!!!) for a short term trade, thinking that whoever was crushing the share price would probably be finished selling as the calendar page turned. Wrong again, but I'll give this trading position a very short leash before stop-lossing it out. 

I sure hope this feas. study has some good news. I'm also aware that hope is a poor strategy.

[metalhead666]

ARTG was clearly the better buy. SKE was way over valued for the last couple of years so it's no surprise that it's pulled back to a more reasonable price.  I'm a believer in the Lasonde Curve and valuing a mining project as a % of NPV.  ARTG was and still is on sale. SKE is now reasonable. The updated FS due out mid month....delayed a little bit....will put the project in