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Bullboard - Stock Discussion Forum Snowline Gold Corp V.SGD

Alternate Symbol(s):  SNWGF

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... see more

TSXV:SGD - Post Discussion

Snowline Gold Corp > Presentation day
View:
Post by AUSTIN48 on Sep 14, 2022 12:16pm

Presentation day

NFG presented yesterday low volume and some movement in the share price.
The bullboard is comparing SGD to NFG however they are entirely different syetems.
My money is on SGD for multiple gains as my understanding is that NFG is very costly to drill and find gold systems.
I believe Scott presents today.
Comment by megacopper on Sep 14, 2022 5:39pm
Both are great gold discoveries but like you say they are entirely different systems so it's not a very good comparison. NFG's orogenic gold system is extremely high grade narrow veins that is costly and difficult to drill. Very profitable once in production because you get a lot of gold from mining a small amount of rock. SGD is a reduced intrusion related gold system easy to drill with ...more  
Comment by stephangold on Sep 14, 2022 9:37pm
What makes no line so desirable is the fact that it's cost is probably $850 per ounce Now with the gold price Is falling and with inflation raising the cost to drill The large tier 1 companies 1 company's are going to be looking for snow line Cause if it's low cost I love NFG but they're caused if the price of gold keeps going down it's gonna be limited Who's gonna wanna ...more  
Comment by megacopper on Sep 15, 2022 3:17am
    Oh my. Yes the Yukon is part of Canada. Snowline has made a huge gold discovery in a mining friendly jurisdiction with great metallurgy. It will most definitely be sought after by a major gold company because it's huge and they can make lots of money using proven mining techniques similar to the famous Fort Knox gold mine in Alaska. It can be mined over a long period of ...more  
Comment by megacopper on Sep 14, 2022 8:06pm
  I haven't heard anything about SGD's presentation and how it was received. It appears that Dennis Laviolette's presentation was well received with good volume and the share price was up again today. NFG had a positive news release yesterday with another high grade intersection so that has certainly helped out. SGD should be getting more assays soon I would think. Both ...more  
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