Snowline Gold Corp V.SGD

Barrick as a buyer??

[speedyg999]

A very smart economist friend of mine in Vancouver thinks that Barrick will not at this point in time, try to buy out Snowline. The big boys like them and Newmont like to wait until a complete overview of potial ore reserves is made, and that would be another 2 years for Snowline. This at least would give us long-term SGD holders the time for Snowline to climb up to $15 or $20 per share. We could have a real bidding war at that point. The future looks bright!!

[ghostzapper]

Calum Morrison did a fantastic job for shareholders at GBR and GBRR so I am confident the same will be done at SGD. 

[ghostzapper]

So what happens if they pull core better than the last news release? 

[megacopper]

  If the next hole is better I suspect the stock will move higher. And I would pick Newmont over Barrick as a possible acquirer because Newmont already own the Coffee gold project in the Yukon when they bought out Gold Corp a while back. As long as you are going to set up shop in a new region you might as well go big. Lol. And this would definitely be going big even for the big boys

[broadbill]

Well, I would suggest that the strategy of waiting is rather dim......but good for us. Bb

[InvestAU1]

Buy Snowline Gold on pull back. Fundamental story is very compelling. Since 2021 its share price has gone up and any pull back should be used to buy more shares. https://stockcharts.com/h-sc/ui?s=SGD.V&p=D&yr=4&mn=0&dy=0&id=p27666327693:  Whenever CTM (similar to RSI) falls below 30, I accumulate a lot of shares. SGD.V | SharpCharts | StockCharts.com https://stockcharts