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Signal Gold Inc. 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

Bullboard Posts
Comment by locumson Jun 20, 2016 7:21pm
132 Views
Post# 24981811

RE:locums: what is your answer to this?

RE:locums: what is your answer to this?Ramblers market cap is twice as large as ANX but they are not doing well either. I have been following ANX since 2008 and the chart speaks for itself. Anyone who has bought stock during this period is severly under water. They screwed up in Chile with their iron ore holdings and they screwed up in Newfoundland when they built the mill.They are a little company and they do little things.For a company that brags about being profitable, they have to further dilute the stock to raise money.My beef is that they should align themselves with another company or shake up management and get some pros in there.Their operating costs are too high and I see little upside in this stock, therefor unlike you, I remain an unhappy shareholder.
Bullboard Posts