RE:RE:RE:Presentation day
stephangold wrote:
What makes no line so desirable is the fact that it's cost is probably $850 per ounce Now with the gold price Is falling and with inflation raising the cost to drill The large tier 1 companies 1 company's are going to be looking for snow line Cause if it's low cost I love NFG but they're caused if the price of gold keeps going down it's gonna be limited Who's gonna wanna buy them oh thopefully go goes up in price but we don't have that problem gold will never fall low enough not to make snow line valuable I know they're in Yukon but is that part of Canada it's made sound like a stupid question but it's certainly near Canada In case there's any confiscations Canada is very friendly and will never confiscate The gold mine Where other countries may just do that I could look up in Google it but if anyone knows if the Yukon is part of Canada I think it's part of Alaska but But anyway it's in a tier one Canada or the United States
Oh my. Yes the Yukon is part of Canada. Snowline has made a huge gold discovery in a mining friendly jurisdiction with great metallurgy. It will most definitely be sought after by a major gold company because it's huge and they can make lots of money using proven mining techniques similar to the famous Fort Knox gold mine in Alaska. It can be mined over a long period of time with no surprises. It really is a no brainer in my opinion. Scott did an awesome job with the presentation. Not sure why everyone is comparing SGD and NFG because they are two totally different gold systems.
And just so you know as a FYI. NFG's high grade gold system will have no issue making money at low gold prices. It will become one of the lowest cost producing mines in the world when it does go into production. I am a shareholder of both SGD and NFG. Both are world class gold discoveries.