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Snowline Gold Corp V.SGD

Alternate Symbol(s):  SNWGF

Metals & Mining Gold
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

Snowline Gold Corp > Kaminak acquisition
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Comment by Goldziggyon Dec 13, 2022 7:12pm
128 Views
Post# 35169789

RE:RE:RE:Kaminak acquisition

RE:RE:RE:Kaminak acquisition
megacopper wrote:

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. 




Market cap getting pretty bloated with only a few holes drilled so far. This is easily manipulated since its not even on the venture yet
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