Snowline Gold Corp V.SGD

One final comment

[megacopper]

One other thing I would like to mention about this discovery by Snowline. These related intrusion type gold systems usually have just as much gold in the surrounding lower grade envelope that can extend outwards beyond the granite intrusion. So that is another reason why I am now thinking that Quinton Hennigh's estimate of around 30 million ounces could be in the ballpark.

So right now I'm going on record as saying that Snowline's Valley deposit contains 15 million ounces in the high grade core and 15 million ounces in the lower grade halo surrounding the high grade section. Of course the lower grade halo of this deposit would perhaps be the high grade section in a regular  intrusion type gold deposit. All I can say is SGD will be going a whole lot higher. It is greatly undervalued. The market has a lot of catching up to do in my opinion.

[stephangold]

I know you're being conservative but that's not my nature Putting a $100 value on every Ounce of gold With 30 million ounces That comes out to be over 3 billion dollars value we're only at a quarter of a billion so that would be 24 times present value value and that Does not take into consideration the Low cost of production under $800 Eric sprout values a $150 per ounce Now we don'

[stephangold]

Well 50 times the value is really A $150 a share That's not so funny If you're Short the stock

[megacopper]

  Still a lot of unknowns but it's fun to speculate. But with every hole the picture is becoming very clear with this discovery. It's very large and the grade is excellent for this type of gold system. It's bigger and much better grade than that of the famous Fort Knox gold deposit in Alaska so that should put things in perspective for investors.