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Snowfield Development Corp. SWFCF



GREY:SWFCF - Post by User

Bullboard Posts
Comment by marketmineron Sep 14, 2006 11:17am
171 Views
Post# 11361944

RE: Low Price?

RE: Low Price?CGW has no hope of a claim.... they did not fulfill any part of their obligation. Presidents set recently where just such a case was thrown out. Reserve potential is there... larger area and thickness than Snap Lake.... still open in 3 directions.. Plus other areas of the property hold indicator minerals "up ice" Cost of development will be the least of any potential mines as it's location just out of Yellowknife... short secion of road would provide access. Financing is over subscribed and just waiting on last of paper/ checks to come in... Working with the minimum financing here to keep the dilution to a minimum.. last think they want to do is a multi million financing at .12 to .15 like CGW.. There are enough warrants out that a small run will fund further operations. Call the company and talk to them: Phone: 1-800-859-6463 or (604) 681-5720 Bulk sample is underway... this will provide enough info to proceed or not... 3 questions: Grade.... size distribution... and value This is as good as SGF was at the time they decided to do a bulk sample... difference being... minimal overburden and fraction of the cost... Debeers will process the sample for free! They do not offer this for no reason... they didn't fall off a turnip truck. LOL Have a great day and give them a call! I'm sure they will confirm what I've told you but call anyway! .
Bullboard Posts

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