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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

Post by NLMooseon Jan 15, 2024 7:23pm
166 Views
Post# 35828008

Are Signal Gold Nearly Bankrupt?

Are Signal Gold Nearly Bankrupt?

Just a few years ago, Signal Gold was trading well over 60 cents a share.

Now its trading close to record low levels, raising questions whether or not the company is heading for bankruptcy in spite the fact that Gold Futures are well over $2,050 US.

Based on the current Gold price, Signal Gold stock should be over 50 cents a share, not at a record low level.

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