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Signal Gold Inc. T.ANX


Primary Symbol: T.SGNL Alternate Symbol(s):  SGNLF

Signal Gold Inc. is focused on gold mining, development, and exploration company in the top-tier Canadian mining jurisdictions of Nova Scotia & Newfoundland. The Company is advancing the Goldboro Gold Project in Nova Scotia, a significant growth project subject to a positive Feasibility Study. Signal Gold also operates mining and milling operations in the prolific Baie Verte Mining District of Newfoundland which includes the fully permitted Pine Cove Mill, tailings facility and deep-water port.


TSX:SGNL - Post by User

Post by longagau2on Jun 02, 2021 2:25am
254 Views
Post# 33309060

Scarily good numbers possible with NPV from PEA

Scarily good numbers possible with NPV from PEA
let's say the PEA shows a NPV8 of 700 million, which I think is a probably a bit conservative. Valuing goldboro at the standard 50 percent of NPV gives 350 million, or a stock price of $2.20. Plus there is the matter of the operating point rousse mine which will shortly be putting the good argyle ore through the mill. I know I am often overly optimistic, but that is pushing ANX to between 2.50 to 3 dollars per share. That is just post PEA valuation, let alone takeover multiple or after the DFS, dolliver mountain and tilt cove bonuses coming down the pipe. I think DDDs numbers of 1.50 after PEA and 2.25 after DFS might be more realistic on the face of things, but with the low low AISC and huge potential, when ANX starts really getting noticed, it's gonna fly. Counting down the days to the PEA.
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