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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 Apr 03, 2024 6:10am
1063 Views
Post# 35966895

RE:RE:Gold at new ATH today!

RE:RE:Gold at new ATH today!They told us that the mill will be the cash cow to help financing Goldboro production and more drilling.

So my aim was 5 CAD. Then I believed that they would find a partner financing the production start of Goldboro.

I never understood why they sold the mill. We have a tendence of rising gold price over many years not only one spike up. So how can you sell a producing gold mill?

Now we are looking for somebody to buy Goldboro or better a partner helping to finance the project.

I do business on my own for many years and I have to look for my business also.
When it is needed I have to finance projects or other important things to do.
So it is hard for me to understand that they have these large problems.

How was it writen these days here:

Maybe MAE and Signal can finally merge although the debt might scare off MAE. When we had the mine we all felt sorry for MAE. Now they have the mine and feel sorry for SGNL. (I converted my SGNL to MAE when they sold the mine). I still wish everyone the best. When it looked like Orex was done, Anaconda stepped in. I wish we kept the name and Anaconda management. I think it would be a different story now!

Would be an interesting situation with these gold price to see the Anaconda gold production.

Why do they not stopp these drillings. We know there is more gold to be found but now the fisrt thing is to finance production. And pay the debt.

What is with the company from Liechtenstein which is invested in Signal?
To speak with them and get an additional investor or several ones.

We are one of the 25 most undervalued canadien TSX companies or so.
So let us find some new investors which want to get a tenbegger or more.

My oppinion to the 0,18 CAD is:

When we were at 0,70 CAD the aim was 2,10.
Wehen we will be at 0,25 CAD then the aim will be somewhere 0,50 or 0,75 CAD.

This game is always similar for me.

Fact is that we have a POG 2,270 and management should do what they are paid for:

to manage ! ! !

To manage to get the permits, to manage to get the financing, to manage to stop drilling till they are in china otherwise we have to pay a penalty for the wholes in chinese roads from our drillings...

Get in action, do your job manage to solve the problems!

It is possible but you do not have just to sit and wait.

Take the wheel Kevin!!!

We are looking at you!
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