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Bullboard - Stock Discussion Forum Sitka Gold Corp V.SIG

Alternate Symbol(s):  SITKF

Sitka Gold Corp. is a Canada-based mineral exploration company. The Company’s principal business activity is the exploration for mineral resources in North America. The Company’s projects include RC Gold, Alpha Gold, Coppermine River, and Burro Creek. The RC Gold Project, comprised of the RC Gold, Mahtin, Clear Creek and Barney Ridge properties, is a district-scale, contiguous land package of 1... see more

TSXV:SIG - Post Discussion

Sitka Gold Corp > Sitka the next Vitoria gold or possibly Fort Knox...?
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Post by Homerunhitter99 on Nov 23, 2020 3:56pm

Sitka the next Vitoria gold or possibly Fort Knox...?

Extremely impressive bulk tonnage results for a Maiden drill program.  As a recap, 2 km long gold system with economical grades. If these measurements hold up, 300 m wide 250 m depth and 1800 m in length there's some serious bulk tonnage of potential there to be on par with Victoria Gold mine and possibly like Fort Knox in Alaska.  Quick math tells so, if it holds be continuous.  Which one the one when you only drill four holes 10 K apart and they both have those great results, its more than likely it's continuous.  Sitka may have just found the new multi million ounce deposits, that's actually economically viable and minable.  When you plug four holes into the ground and they all come back with hits...
Comment by stint20 on Nov 23, 2020 4:00pm
well it traded $30k worth today and cant close above .20 so dont get your hopes up. i have lost hope for this company. nobody cares
Comment by Homerunhitter99 on Nov 23, 2020 5:05pm
Thats rather short sighted and pessimistic.  You must be short.  A few sold the news today.  The long haulers can see this taken shape.  Plus gold sold off today with vaccine news.   This company has tight float, no debt and good mangemant thats doesnt even take a salary, and numeruous catalysts. 2021 will be a great year for them.  You sell and move on then.
Comment by looking4details on Nov 23, 2020 8:52pm
I'm inclined to agree with HRH99 more than Stint20 on this one.  While I will concede that the shares trading on this (in my opinion) positive news was a surprisingly low count, my interpretation on this is more towards lack of awareness, than lack of interest, maybe it means the same thing, depending on your point of view. These are very deep holes at proven profitable grades (2 meters  ...more  
Comment by stint20 on Nov 24, 2020 11:26am
its not pessimism. the stock is still being dumped by ananymous. if a major was interested theyd buy it. a commercial on bnn. waste of money. who cares. 2021 is going to be great for sig? they need to finance again. they will have to do another at these levels if they are lucky. short? who the hell is going to short an .18 penny stock? no im not short. just frustrated   
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