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Bullboard - Stock Discussion Forum
Skeena Resources Ltd
T.SKE
Alternate Symbol(s):
SKE
Metals & Mining
Gold
Skeena Resources Limited is a precious metals developer that is focused on advancing the Eskay Creek Gold-Silver Project, a past producing mine located in the Golden Triangle in British Columbia, Canada. Eskay Creek represents one of the highest-grade and lowest cost open-pit precious metals mines in the world, with substantial silver by-product production. It also owns the past-producing Snip...
gold mine (Snip). In addition to Eskay Creek and Snip, the Company also owns several exploration stage mineral properties in the Golden Triangle and Liard Mining Division of British Columbia. Its 100%-owned Eskay Creek Project is a high-grade volcanogenic massive sulphide (VMS) deposit. The Snip mine consists of one mining lease and eight mineral claims totaling approximately 4,546 hectares (ha) in the Liard Mining Division. It has staked a 74,633-ha Hoodoo Project, located approximately 65 kilometers northwest of Eskay Creek. It also has interests in KSP property.
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TSX:SKE - Post Discussion
Skeena Resources Ltd
> SKE 2024 Work Plans Podcast
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•••
Ridgeback
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Post by
Ridgeback
on Jan 18, 2024 4:33pm
SKE 2024 Work Plans Podcast
https://www.kereport.com/2024/01/16/skeena-resources-general-2024-work-plans-at-eskay-creek-and-snip/
(56)
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Shadow10
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Comment by
Shadow10
on Jan 18, 2024 8:03pm
So do i understand it right that they woudn't be pouring gold till 2026 at best. Do you think they will be able to pull it off without going over budget, most mines do in start up. I sold all my Skeena shares a while ago and i don't think i will buy back in untill it gets closer. When you are that far out you tie up your money in a rollercoaster ride. I have done that
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(435)
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Ridgeback
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Comment by
Ridgeback
on Jan 19, 2024 12:54pm
I tend to agree with you Shadow. I view SKE as a hold given the fact they will need 550+ million and the streaming deal. The new assays and continuing exploration will add some catlaysts to increase the interest in Ske. However one can not rule out a merger or takeover. I just don't see much upside until someone makes a move or takes an interest in SKE. Good ifrastructure and all that goes
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metalhead666
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Comment by
metalhead666
on Jan 25, 2024 5:27am
No need to rush but a better plan IMHO is to slowly accumulate a meaningful position over time on all those dips. 2026 is 2 years away. By then one should expect a share price approaching 1x NAV. With all things being equal it's a double easily. By then Snip should be in the mine plan, Albino Lake ounces should be in the mine plan and its very possible that new discoveries are made so a triple
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