NVA - Snow Lake Resources, page-12

I’m guessing this video is related to the pitch for flow-through funds of up to CAD $2.5M as announced 19 November.

This money will be funding the 2,000m of drilling at Sherrit Gordon and 10,000m at Thompson Bros.

As noted in clip for video, Thompson Bros drilling is planned for January to March.


If sufficient funds are available, they may start drilling at Sherritt Gordon this month.

Snow Lake website indicates IPO is intended “early 2019”.

http://snowlakeresources.com/about/

I am guessing IPO may be ahead of some of the drill results coming in.

First results would be visuals of intercepts ( maybe Feb ).

Second results would likely be first set of assays ( i’m thinking late February to April timeframe ).

So IPO perhaps in February to April timeframe.

Price will likely be dependent on the amount of flow-through funds.

Would think that skittishness in Dow and other markets is a factor. Canadian tax loss selling season also ends in the next week or so ( may not be a factor though, although could be if some investors plan to release funds ).