RE:SGD recent intersection of 318 meters of 2.55 g/t goldOK Mega, a few honest questions, if I may. I have not stayed up to date on the developments here, but there is a lot of hype coming out of this board, a good excitement for the future, yet I wonder to myself if everyone is not getting way ahead of themselves.
I picture this big mountain, altitude unknown to me, and a few holes, not many, have been poked into it and gold has been found. It appears to be a large find, but the parameters are unknown to depth or width, at this time. Everyone has great hopes pined on results coming back from this year.
I tried to find out if there is even a road that goes there. I understand there is only 1 old logging road that gets within a couple hundred kilometers. Is that correct?
It is kinda like virgin ground, no infrastructure to speak of, no hydro at this time, The claim is in the wild west, Now we have QH preaching it up as if it is the biggest claim ever, millions of low grade ounces, etc. Of course he is! The company he works for has a heavy investment in there, as I am sure QH has as well. Forgive me for saying this, but he is biased to the 10th degree on this find.
He can keep quiet about it. I caution everyone here. This has been done before in Australia.
sS I find the structure of the pump disconcerting, even you, Sir, to the limit now of speculation on millions of ounces of gold. You know it's all talk until it's proved up. There is a long way to go.
So what do you think. The game today by majors is to let juniors blow their brains and budgets out on exploration as far as they can go, and when they need money, the majors MAY move in, or not. It depends on the situation, and of course the huge risings costs incured to build a mine that far from anywhere. I think today's costs are a tremendous deterent. I know there are mines up there,
but the climate seems to have changed in the take over department.
I think it prudent to wait a couple of years before cheering so loud. You just never know what can come out of the bush at you.
So I am looking for opportunity just like anybody, and I will watch Snowline's performance through the winter and see if they bottom out somewhere along with the entire gold sector which sucks to no end right now, and I do wish all shareholders here the very best.
My ears are open to all answers.
Bdog