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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 > What will be the cost to sink a shaft down 700 meters to
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Post by Galaxym31 on Nov 03, 2024 10:05am

What will be the cost to sink a shaft down 700 meters to

access blast and haul out 1 gram gold . Can you even see 1 gram of gold ? Is this the best way to invest in gold ?
Comment by jambon379 on Nov 03, 2024 2:18pm
Hey Galaxy if you don't like this play then why not just move on ??
Comment by Galaxym31 on Nov 03, 2024 2:54pm
Stockhouse is not just for cheerleaders .
Comment by Galaxym31 on Nov 03, 2024 3:10pm
I have learned a painful lesson about closeup images of VG.Look at the chart . Monday October 21 volume 3.37 million high .57 close .52 , Tuesday October 22 open/ high.52 close .44 volume 1.62 million. These are numbers from stockhouse price history . Draw your own conclusions .Did you buy over .50 ? My conclusions are my own .
Comment by jambon379 on Nov 03, 2024 4:52pm
And what do you think it will cost to punch a road into Snowline??  To say nothing of power lines.  It is remote, remote and still trades well over $5.00 per share.  Like I said before if you don't like this play move on.  You won't be missed.
Comment by 4marlin on Nov 04, 2024 9:14am
That is simply normal volatility/retracement/noise. I remain very bullish.....but, as ever, not blindly so. Bb
Comment by Galaxym31 on Nov 04, 2024 10:37am
Some players call it a blow off.  I made a clear oz. of gold off my small trade .
Comment by 4marlin on Nov 04, 2024 12:16pm
Congratulations. I rarely trade but add and add on dips if I continue to like the thesis. It will be interesting to see where we are in say, 1,3,6, 12 and 24 months Bb
Comment by rdy2rumble on Nov 07, 2024 1:09pm
I sold 40%of my sub 15 cent share purchases this week thinking we see a retrace with the election. crypto will have the ball for a bit here,, combined with what I think will be a quiet time for Sitka over the coming month or two.. Nothing wrong with the play at all I just think it will slowly trend lower over time.. Still holding a decent position though.. Always nice to have a little dry powder ...more