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SKRR Exploration Inc. V.SKRR

Alternate Symbol(s):  SKKRF

SKRR Exploration Inc. is a Canada-based precious and base metal explorer with properties in Saskatchewan. The Company's primary exploration is focused on the Trans-Hudson Corridor in Saskatchewan in search of uranium, precious, and base metal deposits. Its projects include Clearwater West, Olson, Carp River, Father Lake, Irving, Ithingo and Cathro. It has entered into an option agreement with F3 Uranium Corp. to acquire around 70% interest in the Clearwater West Property comprising three contiguous mineral claims across 11,786 hectares (ha). It has acquired 75% of Eagle Plains' Olson gold property, comprising 20 mineral claims, located around 100 kilometers (kms) east of La Ronge, Saskatchewan, in the Deschambault Lake area. The Cathro gold property is located 50 kms northeast of the La Ronge, Saskatchewan from Eagle Plains. The Father Lake property has six contiguous mineral claims. The Carp River property is comprised of seven contiguous mineral claims totaling 6,731 ha.


TSXV:SKRR - Post by User

Comment by NineLiveson Nov 17, 2022 3:50pm
323 Views
Post# 35108231

RE:POS !!

RE:POS !!Ok just had my eyes tested as went to Sedar to check their numbers again.

This morning SKRR traded at 2 cents per share giving it an approx market cap of $1.5 million.

From Sedar as of July 31st 2022.

Cash on hand $1.666 million.
They also own quite a few shares in Mas gold.bringing total current assets to $2.343 million.

So I have no idea whatsoever why this stock is trading at 2 cents with only 70 mill shares o/s. One of those big mysteries of life. With their current assets and properties one would expect 8 cents per share minimum.  One big shrug.

This is when the company puts out a press release saying we feel the current share price is totally undervaluing our assets. That's what I would do if running this firm.  Shrugs again and sips coffee.
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