Snowline Gold Corp V.SGD

Musing

[Retiredgeo]

What are B2's objectives?  Is this the start of an accumulation leading to 51% ownership or are they speculating on what bigger corporations will do down the road?  Either way, interest in Snowline is heating up.

[megacopper]

Well it's good news either way. Could be just an investment opportunity for them and they recognize that Snowline is very undervalued for the huge resource of gold at Valley and the potential for more similar discoveries is very high. I do believe Clive Johnson was CEO of Bema way back in the day about 20 plus years ago. They had joint control 51% /49% with Arizona Star on a huge copper gold

[Retiredgeo]

I suspect that Snowline management has already issued to B2 all of the shares from teasurery that B2 is going to get.  If B2 wants to accumulate 51% they will have to so on the open market.  That pleases me!

[AlwaysLong683]

B2Gold (BTO) is a sizeable Canadian gold mining company that is in the process of taking out Sabina (SBB) and may have its sights set on eventually taking out SGD as well, though I wouldn't expect anything that definitive for quite some time as they still haven't closed the SBB deal and will have their hands full as SBB has already spent a boatload of money over the past few years getting