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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 > I am out...
View:
Post by pennymaker69 on Dec 12, 2022 6:55pm

I am out...

Well it hurt to do it.. But I soaked the loss and now out of this stock.

I wish you all well but the poor results and the PP just pissed me off too much.

getting out at .11 cents sucked. Moved on to another mining stock and I wish  you all well here.

Maybe I check in once in a while but I wish you all well and yes I hope this stock pans out for you.
Comment by jambon379 on Dec 13, 2022 12:04am
I'm not happy about the pp either.  Especially when they could hav avoided it but I guess Penner loves the sunshine too much.  If Coe had not personally loaded up I may have dumped it to.  Too much potential.  You let your motions make a decision not your mind. Sorry
Comment by pennymaker69 on Dec 13, 2022 1:34am
Na I thought it out. the cores just dont' have enough for this to be economic. it's too small a find. there is some gold deep. they got 1 good hole. The cost of mining it doesn't make it worth it. I was thinking of sticking it out... But another stock with something that is going to happen sooner and bigger. Sell the losers and buy the winners. SIG has been the loser. So buy a winner ...more  
Comment by jambon379 on Dec 13, 2022 11:55am
IMO.  It is way to early to call sig a loser.  They have the same kind of ground as Victoria and better assays. The pp funds they just raised will help them define more clearly what they have.  2023 will be critical.
Comment by givemeabreak1 on Dec 13, 2022 9:53pm
jambon Yes same kind of ground as Victoria but not sure about the better assays.  Remember you are comparing Sitka assay highlights to Victoria's total resource average.  That is like comparing an apple to a banana lol.  Victoria had holes that were 100-200m plus that were over 1 gpt.  Needless to say when you have alot of .4 to .5 gpt stuff you need the higher grades to ...more  
Comment by jambon379 on Dec 13, 2022 11:21pm
I am also encouraged by Jeff Clark who "likes it". I'm sure you know who he is. Called Cassiar to be a 10 bagger.
Comment by givemeabreak1 on Dec 14, 2022 8:49am
Jambon I do not waste my time on these newsletters.  For every one the get right they get 99 wrong but they always tell you about the 10 bagger lol.  Sort of like the guy who called the 2008 crash.  He had been calling for it for 15 years lol.  Now he is a genious.  If you followed him you would have had no money to lose in the crash.
Comment by jambon379 on Dec 14, 2022 11:55am
Hey Gimme in fact I agree with you on that.  But better a
Comment by jambon379 on Dec 14, 2022 3:42pm
To finish----+ better a + comment than -
Comment by rdgeo44 on Dec 14, 2022 7:34pm
jambon, what the heck does that mean?
Comment by jambon379 on Dec 15, 2022 11:54am
Yes, I apologize for that confusing post. I had several screens going at the time.  Let me try again.  I agree with you that the newsletter types must be taken with a grain of salt. I do value Jeff Clark's opinions and therefore do put some weight on his "I like it" in reference to Sig.  Better than "it's a dog". Sorry for the previous garble.
Comment by rdgeo44 on Dec 16, 2022 6:49pm
That's alot better Jambon, I was scared for a moment that you had been possesed by aliens. It still seems to me that this company is run by some people with scruples not just money grabbers. I suppose we wont hear much before Christmas but let's hope for much better things to come in the new year. To all my Sitka friends, have a wonderful holiday and a healthy and prosperous 2023. Keep ...more  
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