GREY:VITFF - Post by User
Post by
phoenix_traderon Jun 07, 2023 11:28am
311 Views
Post# 35484461
B2Gold bought Sabina, 10% of Snowline, is VGCX and BYN next
B2Gold bought Sabina, 10% of Snowline, is VGCX and BYN nextSnowline's market cap is $494, VGCX is $560. Snowline is still exploring with 18k mts planned this year. Production is likely 6-9 years out and a minimum $1 Bill spend.
B2 can offer shares like they did for Sabina and buy VGCX and BYN with immediate production, great exploration success, likely faster permitting and all infrastructure including roads and Yukon power grid in place none of which Snowline can hope for.