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Snowline Gold Corp V.SGD

Alternate Symbol(s):  SNWGF

Snowline Gold Corp. is a Canada-based gold exploration company. The Company operates an eight-project portfolio covering approximately 333,000 hectares (ha). The Company is engaged in exploring its flagship project consisting of approximately 94,000 ha Rogue and Einarson gold projects in the highly prospective, underexplored Selwyn Basin. The Company’s project portfolio includes Einarson, Rogue, Tosh, Cliff, Rainbow, Cynthia, and Ursa claims. The Einarson property consists of two main claim blocks and several outlying claim groups covering a combined 61,690 hectares. The Rogue Property comprises 442 mineral claims covering 11,227 hectares. The Cliff Property covers approximately 2,724 hectares. The Tosh Property covers approximately 3,700 hectares and is located 20 kilometers (km) from the paved, all-season Alaska Highway. The Rainbow Property covers approximately 1,225 ha. The Cynthia Property covers approximately 1,399 hectares. The Ursa claims covers approximately 7,755 hectares.


TSXV:SGD - Post by User

Post by AlwaysLong683on Oct 23, 2022 1:59am
302 Views
Post# 35041686

I Realize Hindsight Is 20/20, but......

I Realize Hindsight Is 20/20, but..............idealy, it would have been optimal to invest in SGD in February or March 2022 for those who like this play.

Personally, I don't even consider investing in any junior explorer unless and until they hit at least one (or preferably a few) great cores.

Valley Target:

Jan 25, 2022 PR:   1.01 g/t Au over 136.8m 

Jan 31, 2022 PR:   1.27 g/t Au over 108.0m

Feb 10, 2022 PR:   1.56 g/t Au over 125.0m

Even after 3 holes like the above, SGD was still trading in the 0.80 - 0.90 range for the rest of February and the 0.80 - 1.00 range in March.

Three holes like that would warrant a serious look for those who are comfortable with the location of the find.

I never heard of SGD until recently, so I wouldn't have had the chance even if I was interested.

Those who pulled off the above are sitting on a nice paper gain right now (or cashed out already at a handsome short-term profit). SGD may still eventually rise a lot more from its current 2.70 - 2.80 range going foward, but three holes like that are typically enough to convince one to take notice of what's going on up there......


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