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Author Topic: Skygold SKV.V
Darkhawk
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Hi!

I bought this stock at .83$ some months ago. It went down a bit and exchanged for about .60$ in the last 3 months of 2005. Now, since the end of January, this stock is going way up (1.46$ as I write)!

The stock is now trading also on Frankfurt market, but the company didn't release a PR. When asked why, they said it was not really PR material and that they will attach it with the next PR coming "next week or so".

Now... could it be that someone knows that the next PR about drilling is really good? I mean, why so much activity on this stock (a day last week it trade 20x more than it's 3ma) when there is no news?

Anyone else in this one?

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BCmouser
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Have been wtaching this one since the .50 mark , and although I did not get in on SKV I did manage to grab some WRS- their JV partner in Spanish Mountain. They are looking to prove up quite a large resource , abeit at lower grades. Its got openpit potential because of the potenital size of the resource , some say at least 3 million ozs.I have since sold my WRS at over a double.
But SKV has had quite a run and I would be more prone to buying into BML who own the property just north of Spanish Mountain where the main corridor of gold is headed.
BML's property in the area is huge with many good potential drilling targets.
But promotion is half the game with these juniors and there is no comparison between the two - SKV wins the promotion game hands down , hence the high share price.

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The Mouse

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Darkhawk
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I looked at BML and it looks good too. But volume is way higher with SKV. I already have some SKV, a very little amount of shares unfortunately because I didn't have more money to put into it.

Question is : Will gold continue it's climb? I'd like to buy another stock in gold and even though I like SKV, I don't want to average up. I'd prefer another stock. If gold continue it's climb, juniors will also climb a lot on no news and a lot more with news. I will watch BML closely. Thanks!

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Darkhawk
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Very nice article on minesite . com

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Darkhawk
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GREAT NEWS!!!!

Yesterday, a portfolio manager was a guest on television show (Market call tonight) and he mentionned Skygold. Says it can easily double when drilling starts this summer. If you want to watch de video, there is the link (it's the last one at the bottom) and it's around 16 min 30 sec

http://www.robtv.com/shows/past_archive.tv?day=mon

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Darkhawk
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Hey BCmouser

You sill have some of that WRS? Earlier this summer, I hesitated to buy some. Instead, I bought more SKV. Still happy with my choice because it's up another 25%, but wow, WRS did really well last couple of months.

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BCmouser
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No unfortunately i made the mistake of underestimating the strength of the Spanish Mountain play. I did well on it (wrs) and bought and sold BML since for a good gain as well. Last week I began buying BML again and Friday's news release looked very positive. Dont know how much more run there is left in SKV/WRS - a lot dependent on drilling and proving up a resource number there.
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Darkhawk
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Well, they (WRS) will create a separate company to focus on Spanish Mountain which, to me, is a real good sign. SKV is due to deliver on 10 holes or so, probably this week.

Good luck.

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Good judgment comes from experience, and often experience comes from bad judgment.

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