Skeena Resources Ltd T.SKE

thoughts for metal

[templetooth2]

"Financing" includes equity, it has always included equity. It's simply a question of how much and what price. I have  given my expectation. Anybody else can similarly advance his or her own guess.

Speaking of raising equity, I personally think Artemis should do the same. The stock price has had a great run and the company has big plans to advance Phase 2 earlier. Don't tell me they couldn't use an extra $75-$100 million.

Back to Skeena, re Alaska natives, seems they are dead against us. There was a huge article in the Globe 3 or 4 Saturdays ago about them applying for indigenous standing before the Canadian courts in order to stop Skeena's project. The company has been strangely silent about this point. I am well aware of the company's version of tailings disposal, no fish to kill, etc. Apparently the Alaskans don't believe us. 

After reading, my first thought was to the relative size of Skeena's plans versus a truly huge project such as Seabridge.  Aside: like it or not, we should all get used to using and hearing huuuge. As I understand the current polling situation, the US election isn't even close in the 6 states that will decide the Electoral College.

[metalhead666]

I talked with the company yesterday. Katie MacKenzie is no longer the IR person....hmmmm.  I chatted with her briefly and she says that she's on good terms with her former coworkers.  The CEO dumped some shares.....you never know about these outfits and what's really going on.   I was told that the financing package would be out "early summer" and that it'

[templetooth2]

Great post. thanks.

[metalhead666]

Don't get me wrong....while the project is clearly the most robust open pit gold mine on the planet there are issues I have with it. Why have insiders routinely sold shares instead of buying them? Salaries, rights, options etc are obscene.  They are doing a great job of mining shareholders Permits.....it ain't over until it's over Mine life is not particularly long....the

[tomgranite]

@metalhead, I see board members exercising rights and then selling the shares, not necessarily all of the ones that have been exercised. They are being replaced by new share options which is a perk of the job. I'm not concerned by the insider selling, am I missing something?

[metalhead666]

The head geologist sold all his shares. The CEO sold a big lot.  May or may not mean anything but one would think that if this is the best project on the planet they'd be buying hand over fist on the open market.  They pull down substantial salaries....Kelly Earle the former IR person was taking home over $300k per year.  Not saying that she wasn't worth it but there's a

[AlwaysLong683]

Was not aware of the issue with Southeast Alaska Indigenous Transboundary Commission - thanks for bringing it to our attention temple. Here's an article on the subject courtesy CBC News. The local Tahltan Nation in B.C. supports the Eskay Creek project, so I didn't realize there was a potential issue with a community that exists outside the country. I think it might be wise to