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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 > the situation
View:
Post by garland on Sep 25, 2022 11:47pm

the situation

I'm still involved and added another 100000 last week . NOTHING HAS CHANGED!  -bring on those assays
Comment by rdgeo44 on Sep 27, 2022 10:48am
Good morning Garland, thks for the interesting posts, it's always good to know other investors are involved in a company one has money in. Too often, management of these exploration companies, e.g. Meguma Gold, ignore the investors that fund their lifestyles. As to Sitka, I agree, it seems nothing has changed with the company, just the lousy economy that is affecting the share price. Maybe it& ...more  
Comment by jambon379 on Sep 27, 2022 5:32pm
Hey rd.  I agree good days are ahead however I am prepared for 1-2 years on this one.  This crazy economy might set it back even further.  What is for sure is that gold in the ground is not going anywhere.
Comment by Westcoastwalker on Sep 29, 2022 8:40pm
I don't believe it will take all that long to light this rocket. I would hazard a guess news is imminent one one or both programs.  I read today on a silver play saying they might have 3-5 million ounces while we have that and more at Burro "Considered historical until confirmed by Sitka Gold Corp., the 2011 resource estimates approximately 5M oz silver and > 100,000 oz gold  ...more  
Comment by jambon379 on Sep 30, 2022 11:32am
Hey West.  This rocket could take off anytime. However I don't think current mgmt. are interested in building a mine.  They are aiming for a buyout and that could take a year plus.  IMO
Comment by Westcoastwalker on Sep 30, 2022 12:03pm
There are always offers on the table so my take on it is they can sell in early stages like  Kaminak at 2.60 or drill it out like Great Bear at 29.00.  It's a gamble unless you're really sure of your grades and ounces in the ground.  The fact that we have all these properties opens up the possibilities of selling one to concentrate on the others.  Pretty exciting ...more  
Comment by jambon379 on Sep 30, 2022 1:20pm
Absolutely agree
Comment by Bullroarer123 on Sep 30, 2022 1:44pm
Koodo's Walker, my sentiments also!  I really want our exploration crew to do the copper river ground; I have this feeling!
Comment by Westcoastwalker on Sep 30, 2022 2:07pm
They are applying for drill permits at the COPPERMINE and Burro.  I figure they should argue that the caribou won't survive in global warming and should do their part by ceding a little land to mine copper lol.  The bump today and rise in volume tells me others are expecting assays next week. 
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