Post by Oaxacajohnon Nov 08, 2024 4:09pm
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Post# 36303947
Why sell now?
Why sell now?Eskay is trading lower now than when it first started the drill program that saw the stock surge. This is despite the fact that there has been additional work done on the property and while the results are not dramatic they continue to support the fact that there is a resource on the property and the likelyhood of future success can not be ignored. Granted there is future dilution to occur but once management comes to grips with this fact and raises funds for an active drill program the interest should return.
Keep selling for tax reasons but being long is a much better strategy at this time. the stock will rise to 50 cents prior to the 2025 exploration program.