RE:SGD
Lookingforclues wrote: When will this be 'taken out' and if so WHO? Ty.
Agnico or Newmont seem like the two most likely to takeover Snowline in my opinion. My best guess is the valuation would most likely be well over $2 billion (perhaps closer to $3 billion) and it could possibly happen within two years. Having said that nobody has a crystal ball so you just have to roll with the punches but investing in SGD seems like pretty much a no brainer to me. The Valley deposit is extraordinary for a RIRGS gold deposit. Very consistent high grade and right at surface. Perhaps the best one on the planet for such a gold deposit. The only negative is its remote location. Otherwise I would put a higher valuation on it. Just my two cents worth.