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Last night I bought an entry into Snowline Gold, a Canadian Goldie on the TSX.
Its Valley deposit intial MRE has 4.5 mill OZ Indicated, and a further 3.26 million ounces inferred.
The Canadian fed government and local state governments have comitted CAD30 mill in infrastructure projects to cater for a new mine.
It has 7 other deposits in the region that will get drilling programs in the futrue.
BTL Finance has been spruiking its sizeable deposit and long term mining opportunity for some time.
I orignally had some orders in at 4.68 Canadian, but missed out.
It has since risen again to 6 bucks.
Given thatI see further weakness in the AUD, I bit the bullet and forked out 5.75 a share.
Will keep adding if it comes back down to or below this level.
Mick
Its Valley deposit intial MRE has 4.5 mill OZ Indicated, and a further 3.26 million ounces inferred.
The Canadian fed government and local state governments have comitted CAD30 mill in infrastructure projects to cater for a new mine.
It has 7 other deposits in the region that will get drilling programs in the futrue.
BTL Finance has been spruiking its sizeable deposit and long term mining opportunity for some time.
I orignally had some orders in at 4.68 Canadian, but missed out.
It has since risen again to 6 bucks.
Given thatI see further weakness in the AUD, I bit the bullet and forked out 5.75 a share.
Will keep adding if it comes back down to or below this level.
Mick