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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

Comment by AlwaysLong683on Nov 03, 2022 11:41am
168 Views
Post# 35069863

RE:RE:Kereport with Scott Berdahl today

RE:RE:Kereport with Scott Berdahl today
megacopper wrote: .......And still early days at the Gracie target off to the east of Valley but next year they could find the hidden intrusion on that one and be equally as good as Valley. It doesn't matter about the Gracie target because the Valley by itself has the scale to host in excess of 20 million ounces of gold and possibly more than 30 million ounces like Quinton Hennigh has pointed out on his recent Crescat videos. He probably scared off potential investors Because he made it almost sound to good to be true but so far the assays and widths of the gold mineralization has exceeded all expectations and estimates. 


I don't think Quinton Hennigh "scared off" investors with his 30+ million ounce prediction. On the contrary, I suspect his forecasts enticed investors to bid up SGD to a current share price range and market cap to reflect a good chunk of the expectations Quinton Hennigh has set for the target. Given QH's desire to present his opinions both as an interviewer and interviewee to anyone who is willing to listen, I have a hunch word has already spread among market players in the junior gold exploration company space about QH's expectations. More of the same assay results is likely anticipated by the market going forward. I believe since Crescat was an early investor in SGD, they have likley already made multiples on their initial investment due at least in part to the "Quinton Hennigh prediction" bump. Of course SGD could go much higher from here re. share price, but now expectations re. future assay results (at least from Valley) are likely quite high in the junior gold investment community.
 
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