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1. Exit Case: Skeena Resources Ltd.
Overview:
Skeena Resources Ltd. (TSX: SKE) operates as a mineral exploration company, which engages in developing the Eskay Creek Project, an advanced-stage exploration project. The company was founded on September 13, 1979 and is headquartered in Vancouver, Canada.

SKE has been a part of the ‘Growth Portfolio’ since 8th October, 2025, however, considering the recent rally in the share price of the stock, an ‘Exit’ is recommended from the stock at the last closing price of CAD 29.93, as on 1st December, 2025.
1.1 Support and Resistance Summary as provided in our last published report dated 8th October 2025.

Skeena Resources Ltd.

2. New Entry Case: Ucore Rare Metals Inc.
Overview:
Ucore Rare Metals Inc. (TSXV: UCU) is focused on rare and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Ucore's vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.

Technical Analysis:
On the daily chart, UCU has delivered an up-move since late June 2025, where it was trading around CAD 2.00 before accelerating sharply into October and reaching highs above CAD 12.00. After the steep rally, the stock has pulled back and is now stabilizing in the CAD 6.50–7.00 zone, maintaining a constructive bullish structure. The RSI sits at 56.47, reflecting steady momentum without approaching overbought territory. Key support lies at CAD 5.81, while the next major resistance level to watch is CAD 8.00.
Considering the above mentioned factors, technical analysis, support & resistance levels, an ‘Entry’ is recommended in the ‘Growth Portfolio’ at the closing market price of CAD 6.67, as on 1st December 2025.
2.1 Support and Resistance Summary (as on 1st December 2025)

2.2 Ucore Rare Metals Inc.

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.
Note 2: The reference date for all price data, and currency as of 1st December, 2025). The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.
The advice given by Kalkine Canada Advisory Services Inc. and provided on this website is general information only and it does not take into account your investment objectives, financial situation and the particular needs of any particular person. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. The website www.kalkine.ca is published by Kalkine Canada Advisory Services Inc. The link to our Terms & Conditions has been provided please go through them. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.
Past performance is not a reliable indicator of future performance.
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