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.

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Snowline Gold Corp > The story began

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Comment by SunsetGrillon Aug 08, 2023 9:30am

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Post# 35577202

RE:RE:RE:The story began

does the amount of total ounces in the deposit, concentration g/ton, extraction techiches costs per ton or recovery percentages have anything to do with someone just shelling out $1.8 billion. LOL

Retiredgeo wrote: Great Bear Res was purchased for 1.8 billion CAD. If we assume that this is what majors and mid-tier gold companies are willing to pay: 1.8 billion divided by 140 million shares = $12.85 CAD/share. The share price should still be a double from this point.

All of these Yukon/BC explorers tank during the winter. I bought last winter at what I thought was the low. I guessed wrong!

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