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Snowline Gold: $2.1B Takeover Target with 8M Ounce Discovery

11/19/2025

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Story summary
  • Carson Block of Muddy Waters Capital endorses Snowline Gold as a takeover target, valuing it at C$2.1 billion.
  • Snowline Gold reports a Yukon discovery at the Rogue project's Valley deposit, with about 8 million ounces of gold.
  • Block says Snowline could be acquired in three years, potentially worth C$4–6 billion if a deal happens within a year.
  • Snowline's stock rose over 6% after his remarks amid industry consolidation.