Post by
speedyg999 on Jul 20, 2023 2:28pm
Stock Action: Takeover
This recent stock action is, in my opinion, as a 50-year veteran of the gold exploration industry, likely buying related to a desired takeover of Snowline. $12 takeover target.
The longer that the majors like Barrick wait, the higher the SGD stock price will go.
Hold, dont sell. This will be the best money-maker in the junior market space.
Comment by
Flyder on Jul 20, 2023 2:57pm
As a veteran, can you give your reasons for your $12 takeover figure?
Comment by
Retiredgeo on Jul 20, 2023 3:49pm
Today's consolidation is encouraging. I don't trust mining stocks which go straight up!
Comment by
megacopper on Jul 21, 2023 9:33am
I agree that it would be too risky to sell. Hold for the buyout. A correction could put it in the $4 to $4.50 range but a buyout should be north of $10 a share. I'm holding for the buyout whenever it happens. I can wait.