RE:RE:RE:QH/Crescat on Twittermegacopper wrote:
Flyder wrote: This could approach $5 by the end of the day. Incredible assay results today. And how about:
3.24 g/t Au over 146.0 m from 56.0 m downhole
I am hoping for a close on Friday somewhere between $4.50 and $5.00 which would be a great launching area for getting more assay results next week. I'm hopeful the rest of hole V-007 will run decent grade right to the end of the hole. Huge sweet spot in this deposit.
Eventually Snowline Gold SGD should be worth multiples of Victoria Gold's market valuation of $700 million given that VGCX only has a resource of 4 million ounces with an average grade of 0.65 g/t. SGD's Valley target is several times that size and the average grade will definitely be greater than 1 g/t in my opinion especially given today's great news. Still very early in the discovery stage with this one. Lots of room to run yet. The stock should close in on $5 by the Friday evening.
Tough market to close over five dollars on Friday but its market cap will climb in the coming weeks. And there is a strong possibility the deposit exceeds Victoria's, in fact, I will be very, very surprised if it doesn't.