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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 > Very nice recent run...
View:
Post by broadbill on Jan 09, 2024 8:08am

Very nice recent run...

I have yet to sell a single share but will review that stance once all of the assays are in.
A new discovery would stop me from top-slicing but in the absence of that it does occur to me that perhaps there are other plays with more upside.
My guess is that the above will not be a popular view.
Bb
Comment by Flyder on Jan 09, 2024 9:02am
What I'm wondering is, what is this run about?  That last news release, while great, was no greater than some previous results where the sp went down on the news.  This is a well over $1 rise in price.  Yes, we had moved in to the stock-loss selling period in Dec, but even before then the sp was lagging on news identical to last week's news.  So why the sudden (and ...more  
Comment by Retiredgeo on Jan 09, 2024 9:19am
That CIBC buy recommendation of yesterday afternoon is all that I can think of.
Comment by Flyder on Jan 09, 2024 9:40am
Look at that sucker go. 6.40.  Love vertically sloping white (or green) candles on the chart.
Comment by Retiredgeo on Jan 09, 2024 9:52am
Careful!!! What goes up fast for no good reason comes back down even faster. I am trimming at these prices.  This is a great stock but the last week plus has been nutty!
Comment by Flyder on Jan 09, 2024 10:44am
LOL - No kidding.  I was considering doing the same but got busy for a short while and ...well, that was a moment too long.  Totally missed that spike.  
Comment by Flyder on Jan 16, 2024 1:35pm
Good trade, Retiredgeo!
Comment by Retiredgeo on Jan 16, 2024 2:46pm
You are gambling every time you hit "buy" or "sell".  I bought back my trimmed position at $5.75.  I wasn't expecting today!!!  Hopefully, this is a one day **** off.
Comment by Flyder on Jan 16, 2024 3:39pm
It's truly no better than betting red or black at the roulette table.  I (try) to never forget that it's all glorified gambling.  One gets humbled very, very quickly, and sometimes severely so, no matter how much you do your DD and everything looks like you're beating the odds and heading straight to the moon.  But then, all you need is one good stock hit that can easily ...more  
Comment by Retiredgeo on Jan 16, 2024 3:48pm
Poor Barrick lost almost 9% of it's value today.  By that standard I'm not doing so bad!
Comment by speedyg999 on Jan 09, 2024 4:30pm
This new buying could be by "Whales" or Institutions. I wouldn't sell any this time.
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