Snowline speculation Lots of speculation going on about what might happen at Snowline. It's rather obvious they have made a world class discovery at Valley which by itself is worth north of one billion dollars to a major in my opinion and perhaps as much as two billion. But what about all the other properties they have? I don't think they will want to sell them as well. Perhaps a spin off company?
We just don't know yet but Scott Berdahl and his Dad love to prospect and find new discoveries. It's in their blood and their DNA from growing up prospecting in the Yukon so I think they will spin off all the other properties into another company and do it all over again making another discovery. So I agree with the poster below on the CEO Forum. Sell Valley and Gracie and package everything else up into a new company and do it again finding Snowline 2.0. Let's make it happen guys!!!
@Gnutimes @James_PM I am not convinced the sell-side analysts even come into the picture in the case of #SGD. Crescat and friends can capitalize the drilling. The next raise is likely to be north of c$4.00, which is non-dilutive for all early investors. A major makes a bid for Valley+Gracie, maybe with a right of first refusal on Oly. SGD negotiates. The spinout happens.There’s a very large dividend, our choice cash or stock in a major. .The “parent” moves on from Valley++Gracie to raise the rest of the “kids” We learn about our new stock while enjoying more drill results from SGD. What do I have wrong?
@Gnutimes The finance model created by Crescat is original and is probably already being cloned by others. And Snowline #SGD will go down in history as the first flat-out success. They — #Crescat plus #Snowline - are focusing the power of YouTube in a new and very effective way.