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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 > Concern
View:
Post by jambon379 on Nov 21, 2023 2:08pm

Concern

Looks to me we are heading for a rollback. Thoughts
Comment by Medici on Nov 28, 2023 1:33pm
I don't think so... not at this point anyway. Management seems to have a pretty decent chunk of the float and has participated in many of the past financings while also buying on the market (can see that from the insider reports).   that should keep them aligned with the rest of us shareholders as far as rollbacks are concerned. 
Comment by givemeabreak1 on Nov 29, 2023 11:17am
Medici While management does hold a fair number of shares they do not own a pretty decent chunk of the float.  Cor is the largest management shareholder and no most of his shares were not part of past financings nor were they a result of buying on the market.  As near as I can figure the bulk of his shares were compensatory shares as a result of Burro Creek Gold.  As I recall he has ...more  
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