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Skyharbour Resources Ltd (SYHBF)

OTC Markets
Symbol
Exchange
Currency
SYHTSXVCAD
SYHBFOTC MarketsUSD
Currency in USD
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0.3140
-0.0080(-2.48%)
Closed
After Hours
0.3106-0.0034(-1.0828%)

SYHBF Comments

With SYH potentially the largest property holder in the Athabasca Basin, with over $70M in project considerations, ongoing 10 km drill program at Russel Lake and forthcoming MRE from Moore Lake. Furthermore, talks happening to option or JV 12+ 100%-owned projects. Lots coming down in the pipeline.
Exciting times ahead with SYH announcing completed warrant exercise raising $1.5M. Funds will likely undoubtedly support ongoing exploration efforts that include the newest 8 acquisitions that bolster their already expansive project portfolio.
Latest news announces SYH's acquisition of 8 new uranium exploration properties in Athabasca Basin. This announcement grows SYH's total land package to 492,074 ha. positioning them as one of the largest uranium portfolios in the region. With this news, 7 different partners have signed option agreements totaling $34M+ in partner-funded exploration expenditures.
Skyharbour’s partner company, Azincourt Energy announces today the approval and receipt of drilling permits for the winter drilling program at their East Preston Uranium Project in the Athabasca Basin. Preparations are commencing immediately including road access, camp construction and the 6,000m diamond drilling program.
The new option agreement with Tisdale for the South Falcon East Property should help expedite the property's exploration as they'll still retain a minority interest in the property. Additionally, with continued developments in the overall uranium market and the Moore Lake project, there's a lot to look out for here.
Skyharbour Resources reporting positive assay results from their completed 2022 spring drilling program at their high-grade Moore Lake Uranium project. Promising results overall with strong enrichment in uranium, boron and other pathfinder elements. A fully-funded Winter drilling program is planned and will commence soon tied and coordinating with the inaugural drill program at their newly acquired Russell Lake Uranium project. More details in the new interview. Video on YouTube titled:RSD Interview: Skyharbour Resources (TSX-V: SYH) CEO Jordan Trimble - October 12, 2022
Good to see some solid results from the East Preston drilling campaign, further solidifying the property's uranium potential. As energy demand and rising gas prices are cause energy crises around the globe. Nuclear energy is the most efficient and one of the greenest solutions to the issue.
Solid push today as interest in North American uranium rises due to the continued push to reduce the reliance on overseas imports. Super excited to see what the new project from Rio Tinto can provide, and I'm looking forward to what results we can get over the summer!
Sprott's Asset Management CEO recently stated that prices could double from here due to the supply/demand imbalance. Considering uranium prices, energy demand, and RSI levels, this is definitely in oversold and undervalued territory. Looking forward to seeing the continued results from the drilling programs that are underway.https://www.kitco.com/news/2022-05-05/Uranium-price-has-a-lot-more-runway-left-and-needs-to-double-for-supply-to-meet-demand-Sprott-s-Ciampaglia.html
$SYH recently announced that its partner company Medaro Mining has completed an airborne geophysical survey at its Yurchison Uranium Property in Athabasca Basin, Northern Saskatchewan. The survey data is being processed and results will be released as soon as available. Keep you eyes out for the results! $SYH is trading at $0.76 per share.
Azincourt Energy - partner to Skyharbour has just provided updates on their 2022 exploration and drilling programs at the East Uranium Project. With the drilling program commencing since the end of January, to date 4,301m have been completed marking the completion of 15 holes and 2 in progress. Based on this update and positive results, they are now increasing the altercation zone in its current drill program. This is great news and bodes well for Skyharbour’s project generator model as they have 14 lucrative projects currently underway.
With Uranium possibly reaching a breakout point, it’s time to consider some promising small-caps to add to your portfolio - Skyharbour has been on my list for a while, but their latest news commencing Winter 2022 drilling programs at their 100% Moore Uranium Project are too significant to miss. So far, drill hole ML21-19 intersected a broad zone of uranium mineralization consisting of 0.54% U3O8 over 19.5 metres including 4.0 metres of 2.07% U3O8. Check this interview with SYH CEO Jordan Trimble discussing the commencement of their Winter 22 drilling program - look up on YouTube: Ellis Martin: Skyharbour Resources Ltd. (CVE:SYH) Commences Winter 2022 Drilling Program
Japan, China, and many countries around the globe plan on bringing numerous nuclear reactors online in the next few decades. With EVs and net-zero targets looming, uranium is the only feasible solution to generate power to satisfy the explosive growth. $SYH is one of my favourites, such a promising project for the uranium boom.
SYH presented at the Oktoberfest Fall Mining Showcase. In the replay, they go over all their projects including updates on the Yurchinson Uranium that has a strong discover potential and some info on the new option agreement with Medaro. Also worth the watch is their pipeline and catalyst overview with some interesting points. No links allowed here so search on YouTube Skyharbour Resources Ltd. - Red Cloud Oktoberfest 2021
Check out this video interview with Skyharbour CEO Jordan Timble as they go over significant updates reviewing some of $SYH's best high grade intersected mineralization at the Maverick East Zone of the Moore Uranium project. TLDR 2.54% U3O8 over 6m including 6.8% U3O8 over 2m - more assays pending and drilling continues! on Youtube: "Ellis Martin: Skyharbour (CVE:SYH) Intersects High Grade Uranium Mineralization at Maverick East"
$SYH recently announced that their partner company Valor provided an update on the results from the recently completed high-resolution airborne radiometric survey and the commencement of on-ground work at the Hook Lake Project. Numerous anomalies have been identified from the survey with the highest priority anomalies being strongly correlated with the uranium channel count. They also announced that they had $1.2M in warrants exercised and is fully funded for the drill program at the Moore Lake Project with a total of over $8.5M in cash. Looking forward to hearing results from the drill programs!
Uranium is coming back with nuclear providing a carbon-free, low-cost, scalable energy source. With EV demand increasing, the global demand for electricity is expected to grow 76% by 2030 and analysts are predicating a supply shortfall of uranium. $SYH is down 7.1% today to $0.325, good entry point imo- this will be a uranium stock to watch.
Skyharbour Resources Ltd. has been performing well after their dip, consistently seeing green. Earlier this month, they released an announcement about their East Preston Uranium project of note airborne radiometric survey is underway and many other uranium from the Athabasca Basin have been found following similar trails. Funding/permits are all in place to complete planned work through to winter 2022.
Fantastic update from Skyharbour resource ($SYH) (TSK-V:SYH) (OTCQB:SYHBF) (Frankfurt:SC1P) partner , Azincourt energy regarding their summer exploration program at the East Preston uranium project and insights on their plans through to Winter 2022https://www.globenewswire.com/news-release/2021/07/06/2258243/0/en/Azincourt-Energy-Updates-Plans-for-Summer-Exploration-Program-at-the-East-Preston-Uranium-Project.html
I found this article/write-up on $SYH explaining their portfolio of properties and assets. Take a quick read (I’ll link it on the bottom). But $SYH has to be one of my favourite junior mining companies because of their business model: Partnerships with other companies while also having their 100% owned flagship mine. This lets them have an interest in different areas of uranium exploration without needing to fully fund most of them. With a current stock price of $0.365 and a mcap of $43M this is actually pretty cheap, sold off somewhat hard over the past couple of weeks, but I’m expecting another leg upwards very soon!https://www.miningnews.net/resourcestocks-company-profiles/resourcestocks/1413157/skyharbour-ready-to-capitalise-on-uranium-upturn
$SYH received $1.39M from exercising warrants. A total of 5.4M shares have been exercised since early March and the cash will help the company move forward in their exploration plans. They are fully funded for the recently expanded Moore Lake Uranium Project, they have a total of $9M in cash/shares in partner companies, partners include Azincourt, Orano, and Valour Resources. They’ll be funding most of the programs at the Preston, East Preston and Hook Lake projects. The stock has been one of my top performers over the past 6-months. I expect the uptrend to continue in the future as the uranium sector continues to heat up. Overall, with the recent news flow and the stock's performance, I’m keeping this one in my portfolio.
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