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Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

Signal Gold Inc. is a Canada-based gold development company. The Company is engaged in advancing the wholly owned Goldboro Project in the Canadian mining jurisdiction of Nova Scotia. The Goldboro Project is an advanced exploration and gold development project located approximately 175 kilometers (km) northeast of the city of Halifax, 60 km southeast of the town of Antigonish, and 1.6 km north of the village of Goldboro, on the eastern shore of Isaac’s Harbour, in Guysborough County, Nova Scotia, Canada. The Company has consolidated approximately 28,525 hectares (285 km2) of prospective exploration land in the Goldboro Gold District.


TSX:SGNL - Post by User

Comment by SgtFridayon Jan 23, 2023 10:09am
122 Views
Post# 35239581

RE:Shorts Increased During The First 2 weeks Of January

RE:Shorts Increased During The First 2 weeks Of JanuaryJust a question. Ever notice when the bashers come out? And just enough shorts according to volume? If you were an institution, and knew Sgnl was going to need to raise money, via PP...say $5M-$10M. How much would it cost you to depress a share price vs. what a discount you would get to purchase $5-10M in shares? And possibly warrants? Just in todays $, if Sgnl can make $500 gross profit per oz. then 3M oz (I Believe 5M+)... then without doing anything the property is worth at least 1.5B (do your own math, not much thought went into calculation). Just a question.
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