RE:RE:Kaminak acquisition
speedyg999 wrote: $520M for Kaminak in 2016 is probably around $1B in today's dollars, and SGD will have 5-10x as much gold!
Yeah the eventual valuation of SGD will be multiples of current levels. I'm basically just looking at the Valley deposit and estimating it to be 3 to 5 times the size of Kaminak when it was bought out in 2016.
We simply don't have enough information yet to make any estimates about the Gracie target. It is absolutely huge on surface so if they do find the hidden intrusion or intrusions it could possibly be even better than the Valley deposit. If Gracie is as good than yes Snowline could end up having 10 times as much gold as Kaminak had at the time it was bought out by Goldcorp. I can't wait for the next set of drill results. It could really blow the lid off the stock.