Company Updates From Management – Fri 4 May, 2018

Skeena Resources – Drilling Update At Snip and An Upcoming Resource At Eskay Creek

For anyone who has been following my interviews with Skeena Resources (TSX.V:SKE) and its President and CEO Walter Coles you know that this could potentially be a big year for the Company. A resource for the Eskay Creek property is underway and expected in a couple months. Plus true exploration drilling is underway at the Snip project in hopes of finding anther Twin Zone which would be a Company maker. Walter and I discuss these main drivers the potential each have of driving the story.

Click download link to listen on this device: Download Show

Click here to visit the Skeena website for more information.

Please remember you can email me anytime with questions on Skeena or any other Company you think I should be looking into – Fleck@kereport.com.


Featuring:
Walter Coles Jr.Cory Fleck

Comments:
  1. On May 4, 2018 at 9:26 am,
    Snowy says:

    Argentina raises interest rate to 40%
    http://www.bbc.com/news/business-44001450

    • On May 4, 2018 at 1:09 pm,
      GH says:

      Wow. Will Argentina ever get itself sorted out? A country with so many seeming natural advantages.

      Where I live in S America, there is a brisk informal credit market. As I understand it, the legal limit is 3% per month, but 5% to 20% is common. Monthly. I don’t think you want to default on those who charge 20%. In any case, they tend to take collateral worth 3x the value of the loan, often in the form of a car.

  2. On May 4, 2018 at 10:08 am,
    spanky says:

    MH has been pretty spot on with his calls. I pray this latest one is on the money:

    http://www.321gold.com/editorials/sfs/hubbartt050418/goex.png

    • On May 4, 2018 at 12:22 pm,
      OOTB Jerry says:

      Everyone around here wishes the same…………

    • On May 4, 2018 at 1:42 pm,
      GH says:

      I’m bullish, and he may well be right, but the take-off still appears in question to my eye…if not now, soon enough, I believe.

      http://schrts.co/CwfiK2

    • On May 4, 2018 at 1:57 pm,
      RICHARD/DOC says:

      GOEX looks a lot like a lot of weekly and monthly charts.

      • On May 4, 2018 at 1:58 pm,
        RICHARD/DOC says:

        That is PM stocks

  3. On May 4, 2018 at 10:35 am,
    spanky says:

    I’ll admit, $silver:$gold daily chart looks very good.

  4. On May 4, 2018 at 12:41 pm,
    spanky says:

    Well EXK pulled all the way back to its black candle on the daily chart. I imagine we will get a close at or below $2.82 soon, possibly today.

    • On May 4, 2018 at 12:42 pm,
      spanky says:

      $2.75 would represent a perfect test of the neckline breakout.

      • On May 4, 2018 at 12:56 pm,
        spanky says:

        Check that… more like 2.70.

  5. On May 4, 2018 at 1:11 pm,
    GH says:

    I’m still flat, wavering…The JNUG daily chart is at an interesting juncture

    http://schrts.co/7T7VCe

    • On May 4, 2018 at 1:16 pm,
      GH says:

      For those who can see the intraday charts, what are the odds on this 2-hour chart that it will take out the 600 moving averages with the stochastics already overbought?

      http://schrts.co/qW953i

      Still, the spring is wound, and inflection points are often marked by a move that seems improbable.

      • On May 4, 2018 at 1:40 pm,
        spanky says:

        Who knows man. You are literally buying the apex of a massive triangle. It could break huge either way. It could also produce a very large sustained headfake/false breakout and immediately reverse. You either believe or don’t believe at this point IMO. Far easier psychologically to buy the first higher low after a breakout or the first lower high after a breakdown.

        • On May 4, 2018 at 1:48 pm,
          GH says:

          That’s why I’m flat 🙂

          In JNUG it doesn’t do to take a ride down like that. If one is buying value in stocks or unleveraged funds for the longer term, it’s a different equation.

        • On May 4, 2018 at 1:49 pm,
          GH says:

          But now is the time to be watching, hence the post. Not to say BUY!!!

    • On May 4, 2018 at 1:57 pm,
      GH says:

      Of course, the unleveraged chart gives a better read on mid/junior miners, and at the risk of being hyperbolic, the weekly GDXJ screams that the next major move will be to the upside. I’ve cerrtainly got some doubt about being flat right now, may take a partial position any time.

      http://schrts.co/CJqmZV

      • On May 4, 2018 at 5:31 pm,
        spanky says:

        The irony is, despite my day to day rantings, I am long bullion and miners with every dime of my life savings, and you are “flat.”

  6. On May 4, 2018 at 1:18 pm,
    GH says:

    Technically, Strategic Metals is also in a very interesting position. I know nothing of the fundamentals and have no position.

    http://schrts.co/y71szT

    • On May 4, 2018 at 5:30 pm,
      spanky says:

      The irony is, despite my day to day rantings, I am long bullion and miners with every dime of my life savings, and you are “flat.”

      • On May 5, 2018 at 8:42 am,
        GH says:

        I’ll be in soon enough–it all depends on one’s personal situation and approach. I’m glad you recognize some irony ;-).

  7. On May 4, 2018 at 3:55 pm,
    b says:

    Good grief, Pompeo considers Netenyahoos proof of Iran making nuclear bombs authentic.

    Israeli-Iranian Tensions Go Sky High As Israel Makes New Attempt To Undermine Nuclear Deal

    https://youtu.be/KvPF99x_TCM

    • On May 4, 2018 at 4:14 pm,
      OOTB Jerry says:

      Same old game…….have to have war to make the money…….War is a Racket..