Snowline Gold Corp V.SGD

RE:RE:RE:RE:it appears a good time to add to SGD

[AlwaysLong683]

I doubt SGD is going to be bought out anytime over the next year or so.

If SGD was looking to be bought out in the next year or two, they wouldn't have entered into an agreement with BTO.

My guess is SGD will eventually be bought out by BTO in an all-share deal. However, BTO just closed their all-share buyout of SBB last month and will start the build of the Goose Mine at Back River (Nunavut) which is the first project on those land claims. After that, if there is an SGD deposit that produces a favourable Feasibility Study, I suspect SGD will be acquired by BTO and BTO's money will be used to build that project. In the interim, I expect more of the same at SGD re. further exploration of SGD's claims.

Excerpt from SGD's press release dated March 14, 2023:

“We are excited to welcome B2Gold as a growth-focused, long-term, value-driven investor,” said Scott Berdahl, CEO & Director of Snowline. “B2Gold is a major global gold producer with a strong track record of growth built on a demonstrated commitment to communities, sustainable mining and employee safety. Their interest in Snowline is a sound endorsement of the company we are building along with the quality and geological potential of our assets.”