GREY:VITFF - Post by User
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MVargason Jun 09, 2023 12:42am
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Post# 35487882
RE:B2Gold bought Sabina, 10% of Snowline, is VGCX and BYN next
RE:B2Gold bought Sabina, 10% of Snowline, is VGCX and BYN nextThe short answer is No.
B2Gold opted to purchase Sabina instead of Victoria. That acquisition will require their full attention and probably $800 million in construction costs until it becomes a producing asset.
Snowline is merely an investment in an asset that is probably 8 - 10 years from production.
In 2016 Goldcorp purchased the Coffee Project from Kaminak Gold. Last year the Yukon Govt gave its permission to Newmont (who bought Goldcorp) for the project to proceed. They appear to be in no hurry to do so.