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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 > The inevitable Buy-Out of Snowline Gold
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Post by speedyg999 on Mar 14, 2023 5:46pm

The inevitable Buy-Out of Snowline Gold

We saw the first player move in today, B2Gold. Who will follow next?

I was at the Tintina Breakfast at PDAC, and Quinton Hennigh stated that he KNEW that Mark Bristow of Barrick was also looking at Snowline.

What we need is a nice Bidding War, hehe!
Comment by Flyder on Mar 14, 2023 8:53pm
Who did QH say that to?  You, or a group of people, or to the whole room?
Comment by megacopper on Mar 14, 2023 9:53pm
Quinton Hennigh said that Mark was looking at Snowline in a recent Crescat presentation. The big money boys have shown up at the party so who knows what might happen with the stock. I was surprised to see it drop back as far as it did and here now just a few weeks later it's back up to $3 so it's anyone's guess what might happen next. Best to keep a healthy core position in SGD because ...more  
Comment by speedyg999 on Mar 15, 2023 2:36pm
Quinton said it to the whole room, and I'll bet that B2 Gold was in the audience. I didnt see Mark Bristow there. Senior people from Agnico Eagle, Teck, and Osisko were at the show.
Comment by PonyHunter on Mar 17, 2023 6:56pm
Barrick has bee looking at SGD for a while now, but so has literally all the other Majors. I know Mark, and he will never over pay for an asset (he learnt from the mistakes of the previous Barrick CEOs/Presidents with their mega buys in the 2000/2010s).  I suspect there are a lot of majors waiting on met work to come out which should be good based on the grade, type of despoil and the ...more  
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