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  5. SKE: I have held this stock for a few years, and by some of the news letters which show up, I am confused , can you check out this stock and are they ever going to go into production. [Skeena Resources Limited]
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Q: I have held this stock for a few years, and by some of the news letters which show up, I am confused , can you check out this stock and are they ever going to go into production.
Thanks Jim.
Asked by James on September 24, 2025
5i Research Answer:

Skeena Resources Limited expects to begin production at its Eskay Creek Gold-Silver Project in the first half of 2027. The company secured a US$750 million financing package in mid-2024 to fund development, and plans full-scale construction to start in 2026, pending all required permits. Early works and engineering are progressing on schedule, with the project targeting remaining permits by the end of 2025 and an impact benefit agreement with the Tahltan Central Government expected in the first half of 2025. The construction timeline is projected to take about 18 months, aligning production start with mid-2027. The stock is doing very well and stocks often get de-risked with a higher valuation once they get revenue and cash flow. But...they often pause before production as investors await to see if the mine performs as expected. But we think the stock looks decent for mid-cap sector investors. There has been a bit of insider buying this year.