Snowline completes acquisition of Yukon properties So Snowline has completed the acquisition of 7 more reduced intrusion related gold systems RIRGS nearby the recent Valley discovery in the Yukon. I love the fact that these guys think big and they aren't satisfied with just one multimillion ounce gold discovery. They want to find more. This company will most likely have several economical gold deposits within their portfolio of properties. Will they build one large company with several discoveries or will they spin-off assets into a couple companies? Nobody knows for sure but whatever the outcome our Snowline team are busy adding value for SGD shareholders.
So many great properties. It is a great problem to have. Snowline is like 3 gold juniors rolled into one. The world class gold discovery at Valley is worth billions of dollars. How many more similar gold deposits will SGD find? The market doesn't have any of this potential built into the share price.
@AUPop What are the chances that one or more of these 7 RIRGS targets becomes a discovery by a team that has discovered Valley? As the odds have shown to be in this business, a team with a proven track record of making a discovery has a much higher likelihood of making another one. This is why we invest in Geologist with prior success records. The market needs to begin pricing in this land acquisition. Let's go!!