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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 > SGD recent intersection of 318 meters of 2.55 g/t gold
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Post by megacopper on Nov 02, 2022 8:17am

SGD recent intersection of 318 meters of 2.55 g/t gold

SGD's most recent hole of 2.55 g/t gold over 318 meters is very impressive. And the higher grade section of 4.14 g/t over 108 meters starting at surface will ensure a quick payback of capital for whoever mines it. Snowline will most likely be bought out sometime in the next year for multiples of current valuations.


 

  • Hole V-22-010 returned 2.55 g/t Au over 318.8 m, including 4.14 g/t Au over 108.0 m from bedrock surface
Comment by bdog123 on Nov 02, 2022 12:42pm
OK Mega, a few honest questions, if I may.  I have not stayed up to date on the developments here, but there is a lot of hype coming out of this board, a good excitement for the future, yet I wonder to myself if everyone is not getting way ahead of themselves. I picture this big mountain, altitude unknown to me, and a few holes, not many, have been poked into it and gold has been found.  ...more  
Comment by megacopper on Nov 02, 2022 8:09pm
    Ok I'll try my best to answer your questions. First of all investors need to understand that for this type of gold deposit, Reduced Intrusion Related Gold System SGD's Valley discovery is actually very high grade. Similar type deposits like Fort Knox owned and operated by Kinross and the Eagle mine owned and operated by Victoria Gold are both profitable at grades ...more  
Comment by bdog123 on Nov 02, 2022 8:25pm
Thank you Mega.  This will be the first winter between seasons, so let's see what happens.  I appreciate your post.  You detail is over and beyond what I expected, but that is you.  I honestly wish QH would tape his mouth at times and let the geology and drill bits do the talking.  I know this is going to take time, so I have time through the winter. I am playing in ...more  
Comment by megacopper on Nov 02, 2022 9:12pm
  Yes for sure most gold stocks are in the dumpster right now. Oil and gas stocks will most likely outperform gold stocks over the next few months. But once the Fed stops raising rates and the US dollar tanks  gold will soar. I think next year will finally be gold's turn to shine and Snowline will definitely be a takeover candidate if the remaining holes have economic gold grades ...more  
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