Bullboard - Stock Discussion Forum Snowline Gold Corp V.SGD

Alternate Symbol(s): SNWGF

Metals & Mining Gold

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

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TSXV:SGD - Post Discussion

Snowline Gold Corp > Long term

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Post by Lookingforclues on Jul 08, 2024 7:00pm

Long term

RR likes it, but this is a Long term Hold!
likely up to 10 years.
There is no Electricity in sight. Solar and Wind wont make any difference!

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Comment by Retiredgeo on Jul 09, 2024 7:07am

Are you planning on holding until the commencement of mining? Snowline will have sold long before then! Infrastructure is the problem of the buyer. Yes, you can build big gold mines in that part of the world (stay away from Victoria's mining engineers!).

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Comment by AlwaysLong683 on Jul 11, 2024 5:21am

I think SGD will be sold even before a FS is done on any project, including Valley. A FS would include estimates of initial and sustining capex, IRR, NPV, AISC, and other data that will be key to getting a good idea as to how much the mining operation will cost up front to build, how long it will take to build, and how profitable the mining operation will be throughout the LOM once ounces start ...more

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Snowline Gold Corp