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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

Comment by SgtFridayon Feb 09, 2022 8:37pm
200 Views
Post# 34414945

RE:RE:RE:RE:RE:Sprott increases target to $2.50 after this release, top pic

RE:RE:RE:RE:RE:Sprott increases target to $2.50 after this release, top pic
longagau2 wrote:
If we see the morgan stanley accumulator strategically selling off some shares to hold the price down and still accumulate, this would be suggestive of big player trying to build big position. If we see ongoing accumulation without such small sales, likely big positive news coming and a rush to get in before it breaks.

I agree, except you said it better. I had noticed that if they want to hit all the bids, it would only take 20-30k shares to bring it down to $.80. Then they could buys it all back. Hopefully the other senario.
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