TSXV:SKYG - Post Discussion
Post by
howestreetbull on Jan 24, 2022 12:42pm
Struthers Resource Report
Recent Struthers Resource Report fyi...SkyGold CSE: $SKYG Recent Price - $0.08 Entry Price - $0.17 Opinion – buy, average down to $0.12 Although $SKYG has a great property position close to New Found Gold, their first round of drilling did not hit any high grade at the Mustang property but did hit 32.85 meters of 0.78 g/t gold. They had some higher grade hits like 7 g/t and 5 g/t but only over 0.5 meters. Results were encouraging for a 1st round drill program. At their Evening Star property in Nevada, they completed one hole and drilling was suspending due to Covid19 issues. Drilling resumed early November and assays are pending for this drilling. Perhaps the best news is they got just over 6 million, 10 cent warrants extended with an expiry date of December 23, 2023, they originally expired December 23, 2021. Most likely the stock is going to be moved up to exercise these warrants, maybe with drill news? Besides these warrants, the stock chart looks really good. A bottom is in and not much resistance to go higher. Copyright 2022, Struther's Resource Stock Report
Be the first to comment on this post