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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

Comment by DoumDiDoumon Sep 11, 2023 9:59am
89 Views
Post# 35629189

RE:Disapointing share price

RE:Disapointing share price
iq4u wrote: Over the last 25 years I have bought some shares low and sold higher.

Some sold lower then I bought them.

But Signal Gold (former Anaconda) was one of 2 shares which I bought high then they got very low and then I bought cheap shares of them.

2 years ago I believed the story of a financing Goldboro by producing selling PineCove Gold nuggets.
I was disappointe not to buy more chares when they where cheap since 2018.
That was the point over 0,90 CAD when I shold have sold 75% of my shares.
But what did  I do? bought shares with a price beyond 0,70 CAD.

Now we are also disappointe again about the SP.
But now this is the chance we have to buy cheap Signal shares.

I do so!

I am trading shares since about 25 years and one thing I learned well.
When Anaconda was at 0,10 CAD most of the investors did not want to buy the share.
When it was around 1,00 CAD then in the German thread I was asked if it is to late to buy.
If they still can buy and join the party...

The same peolpe are now writing there that the party is over and nobody would buy the shares any more. The same people which 2 years ago have been disapointed to have missed the party.

This one thing I learned in all the time.

So I am also disapointed that Point Rousse stopped and we are not able to finance Goldboro through selling our own Gold nuggets. I would appreciate it if we could be now higher then 1,50 CAD but we are still not.
But as we say in Germany "Aus der Not eine Tugend machen". I try to get now MY cheap shares as much as I can!!!

At the moment I place a 25K order in Toronto with 22,5 limit and now I hope to get filled. And after that I will buy on. And if I will be a lucky guy then I will get my 1M filled at all.

When Goldboro works it will bring some dreams come true to me and my family!

GLTA
IQ

Yep IQ... it's tough to go opposite of the herd but that's when/how to make money! People that built fortunes are the ones buying when there is blood in the street!

P.S.: Do your own diligence before investing in a stock
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