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Bullboard - Stock Discussion Forum Sky Gold Corp V.SKYG

Alternate Symbol(s):  SRKZF

Sky Gold Corp. is a Canada-based junior mineral exploration company. The Company is engaged in acquiring and advancing mineral properties in Canada and the United States. The Company’s properties include Evening Star, Mustang, Virginia, Imperial, Greenwater Lake, Kekekuab Lake and Sun Gold, Star Lake, Laurie, Horne, and KA Property. Its Shebandowan Portfolio consists of two properties located... see more

TSXV:SKYG - Post Discussion

Sky Gold Corp > $0.13 is just silly
View:
Post by EhEhRon on Feb 05, 2021 11:04am

$0.13 is just silly

This is a $0.24 stock with even moderately positive drill results.  Good to great results and the MKT Cap should be $20-25m+.

With the known gold formations on the NFG properties, the liklihood of less than positive results is low.  

I'm not buying that insiders were selling on leaked news either because there wasn't enough volume to signal that.  The price movements from $0.18 to $0.13 is purely investor impatience and boredom.  Volumes have dried up and that usually means big movements are close, but we need news!
Comment by lifegoeson on Feb 05, 2021 3:31pm
Ron, not surprising given nearly 100 M shares have traded, with price jumping twice over $0.20, and an enormous number of shares sold and profit taken.... everyone is waiting for good results, we can only hope at this point.  Down here at $0.13 and little support, not too hard to figure out.
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