I think  SNO being at  the 500T  bulk sample  stage   will  attract  some  attention  soon.... Not  likely  anyone  would  want to  take over  SNO,  but  they  may  want to  buy  some  insurance in the  form of a  joint  venture  agrrement.

The  risk to  reward   for  any   major or   mid  tier (  Such as a  Shore  gold for instance)  is worth an investment. In  relative terms   lets  say Shore  decided to   throw  5  million  at   SNO as an equity   partner....... lets   say at a  premium to  market.....@ .33 That  would  buy  them  15 million  shares with  a wt 15  million  more  @ .50

These  would be  terms  SNO investors  could  live  with....... JMHO

They SGF would  have  about  a 12% stake in  SNO  ( potential 25%)  with  only   an outlay  of   1 million SGF shares......... In  those  terms  a very  small  risk  for  Shore to  hedge it's  bet....... If the  exploration  warranted  more  cash they  would  exercise their  wts @ .50 providing  another  $7.50  million   increasing their  equity  to  25%....

This  would  get  SNO  off the   treadmill  of  financing  hand to  mouth........ What  kind of   exploration  play  would SNO  be  if  that  scenario  was  played  out....... We  would  have a  totally  different  perspective from the  investors  point of   view..... SGF  being in the  diamond  business  would  also  put  SNO  in  front  of  lots  of   investors........

The  same  holds true  if a  major  were to   do an equity  placement..... a  De Beers,  BHP, Teck...... etc

Time to  get  off the   financing  treadmill  and   ramp up the  exploration  .... Great  location,  large  land  package,  proven   diamond  bearing  klimberlite,  macro  diamonds,  bulk  sample en route to   de Beers......... and  trading  at  a 20 million  market  cap........?

In a  word.........opportunity!