Snowline Gold Corp V.SGD

Snowline has 30 million plus ounces of gold

[megacopper]

Yes I thought Quinton Hennigh was over promoting at first as well when he said 30 million ounces plus at Snowline's Valley Discovery but the more I look at it I think he is definitely in the ballpark. The high grade core (around 2 g/t) of the deposit has a much higher grade than we all first thought so instead of 10 to 15 million ounces it could contain closer to 20 million ounces just in that high grade section.

The lower grade section (0.6 to 0.8 g/t) could contain just as much gold but we don't have enough information yet because we don't know the outer limits of the lower grade halo surrounding the high grade core. Also there could be even more than Quinton's estimate because they haven't found how deep this baby goes. I do believe that hole 29 was drilled to a depth of 733 meters and it was still in mineralization. What a incredible gold system. There could be a lot more gold at depth. Also the Gracie target could contain an immense amount of gold if they can find the hidden intrusion on that one. SGD should be moving higher in the weeks and months to come.

 

@AlloyBoy After watching QH first napkin math video I thought he had gotten carried away now I think he’s probably correct or in the ball park. His explanations are appreciated by investors without a geology background (me) and he’s (Crescat) put his $ where his mouth is. No he doesn’t have a perfect record …. but who does ? My last mistake was just 2 weeks ago when could have added a lot more in the $2.30s

 

@AlloyBoy After watching QH first napkin math video I thought he had gotten carried away now I think he’s probably correct or in the ball park. His explanations are appreciated by investors without a geology background (me) and he’s (Crescat) put his $ where his mouth is. No he doesn’t have a perfect record …. but who does ? My last mistake was just 2 weeks ago when could have added a lot more in the $2.30s

[Avatar1]

This will be taken out way before a 43-101. Great to have Quinton updating us on the drill results, more to come.

[BuccaneerIslde]

Hes useless and so are you.  Bucc

[Avatar1]

Bucc you can't get over his man crush for Quinton and his top pick as a winner. We will be getting our assays back soon. Scott Berdahl will have a spinco ready for us and as an owner of this company, I look forward to eventually tendering my shares to a major, for the right price of course. See you chump.

[BuccaneerIslde]

You wouldnt be very impressed with QH if you followed the nvo story. In fact youd be pretty disgusted with the manner in which he led shareholders on while planning his exit out the backdoor at the same time.  Bucc

[Avatar1]

I focus on the assays and I imagine Scott Berdahl as he tells his story will too. Remember it's Scotts family's lifetime of work. Crescat is a shareholder and investor like the rest of us.

[megacopper]

  A good name for the spinco would be Golden Valley. The major gold companies are a bit slow so it might be awhile before we get an offer of $2 billion plus. Probably have to wait 12 to 18 months. Oh well it's easy money. 

[BuccaneerIslde]

Right. You might want to get Garafalos ok on that though.  Bucc

[Avatar1]

Golden Valley is a good name, I will be eager to see more results soon. The rest of mineralized hole seven and the halo margins will be very interesting.