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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 iq4uon Jan 16, 2024 8:48am
233 Views
Post# 35828566

RE:RE:RE:RE:Why not a buy out?

RE:RE:RE:RE:Why not a buy out?To my 5 $ expectation happened our great management!

They did not tell us in time that the gold production of Pine Cove would be shut down.
They told us that with the help of the Pine Cove mill they try to built up the Goldboro mine without further dillution. Then the share price was around 1$  in summer 2021.

This would have be the time to sell our shares!!!

But they did not tell us and so now we have the desaster.
Why did the lie to us?

The let us in the belief that Goldboro would come with almost no dillution by generating cash flow from the ongoing gold production.

Now I think we should have a buy out!

This management is not any longer worth paying it!!!

Can we shareholders find a company to buy us out?

IQ

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