RE:Junior's over the years
AUSTIN48 wrote: Sunday rant.....
Over the years i have invested in some potentially promising junior explorer's.
The reality is it's a gamble and a roll of the dice.
Yes we can do our own DD, read the history of the land package and hope that the stock gains traction.
The winner's are a very small percentage of all the companies out there.
Personally a couple of wins have been Noront decades ago,most recent NFG.
The loosers have been many.....Granada gold comes to mind,Frank Bassa still flogging that property.
Snow Line is a once in a lifetime oppourtunity to experience serious gains in a new district scale property.
I am very confident that after years of investing this is the one!
Great Bear rewarded those early investors and i missed it......not this one i am buying every week.
Yes SGD has huge upside potential. The big gold majors are going to want this one. There is no doubt about it that it's a huge gold discovery. I'v got the same feeling with this one as I had with Arequipa back in the 90's when it was bought out by Barrick for around one billion dollars. It went from $1 to $30 very quickly. I believe they only had about 20 or 30 holes in it. That one ended up producing almost 15 million ounces for Barrick. I've got the same feeling with this one. Snowline is huge and the big guys will come knocking wanting it. Favourable metallurgy in a mining friendly jurisdiction and it's huge. They will want it. No doubt in my mind.