Snowfield Development Corp. SWFCF

Natural progession

[marketminer]

I think SNO will evolve soon.... The location will be compelling for a major to take a position in the company. I doubt if Bob will go the joint venture route. If a second kimberlite is found there will definately be movement in this regard. This will be one of the few areas in Canada's north with year around access. This alone will compell a major to request an equity intrest. Hopefullly at the $1.00 mark as some have suggested. A $5 million placement with 1/2 wt at $1.50 would fund a robust indicator mineral program and define multiple targets... JMHO but I think this could happen this spring, and put SNO into the limlite this summer.... with a large drilling program next winter... By the time the bulk sample results are returned SNO will be in the midst of a much larger program this year.. I think SNO could attrract the likes of BHP, Teck Cominco or DeBeers, or possibly even one of the diamond mines already in production, which have to rely on the ice road every year to supply their project.