- Skeena Resources has spent the past 15 months consolidating in a range, after being one of the best performers in 2020, with a 400% plus return.
- Recently, the company received an unfavorable ruling at its Albino Waste Facility, with the Chief Gold Commissioner determining that an individual owned all the materials.
- While this has put a dent in sentiment, it has not dented the investment thesis, and it could create a low-risk buying opportunity for investors looking to invest in Skeena.
- Given Skeena's robust economics, Tier-1 jurisdiction profile, and free-carried interest in the high-grade Snip Project, I continue to see the stock as a Buy on dips.
For further details see:
Skeena Resources: Buy The Dips