SKREF - Skeena Resources: A Look At Why Eskay Creek Is So Unique
- Skeena Resources was one of the top-performing gold juniors in 2020, up over 428% for the year.
- The company has continued to report exceptional infill drill results from its Eskay Creek Project in British Columbia, and is set to report an updated resource in Q2 2021.
- Based on the current resource, upfront capex, and projected operating costs, Eskay Creek continues to be arguably one of the top-5 most attractive undeveloped gold projects globally.
- Based on Eskay Creek's robust economics, I believe the project commands a small premium relative to past M&A valuations, translating to an updated price target of US$2.85.
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Skeena Resources: A Look At Why Eskay Creek Is So Unique