Snowline Gold Corp V.SGD

RE:Snowline completes acquisition of Yukon properties

[AlwaysLong683]

megacopper wrote:

@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!!

The market isn't going to "price in the land acquisition(s)" until SGD delivers assay results similar to the ones at Valley. Pay for drilling cores and assaying them at one or more of these other sites, then hope for results similar to Valley.

One thing I am personally not a fan of is a junior exploration-stage company staking the heck out of anything and everything in their area. First, there's the cost of staking all this land. Second, the cost of preliminary field work, drilling, and assaying - juniors don't have mounds of cash to spread around such vast territory (one of the reasons I don't like SIC or NFLD - too many land packages, too little money, and in NFLD's case, hasn't hit anything of signficance yet even though they have almost surrounded NFG's Queensway with their claims). Not saying SGD won't hit again at another target, I just think you have to show the goods first before the market willl reward you.