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 > Tax loss selling

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Comment by AlwaysLong683on Dec 14, 2023 1:16am

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Post# 35783717

RE:RE:Tax loss selling

Retiredgeo wrote: It is also noteworthy that B2 gold bought in at $2.50 soon after the bottom. Is another big player lined up for this winter?

I doubt it. BTO has a formal agreement with SGD stating BTO has the option of maintaining their 9.9% ownership in SGD whenever new shares are issued. SGD CEO Scott Berdahl likes how BTO operates their existing mines (commitment to communities, sustainable mining practices), so I think it's a pretty good bet that BTO is the one that takes out SGD at some point in an all-share deal - when and at what price equivalent is anyone's guess at this point.

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