RE:RE:RE:Gold at new ATH today! Hello IQ4,
you seem very nervous.
Nothing is known about Signal Gold. As already written, they can only pay their salary, nothing more.
We have to wait for the permits, because without them the gold in the ground is worth nothing and you can't build a mine.
I also doubt Kevin can find someone to build a Minie.
A different gold producing company won't build a mine unless they also get the property.
Maybe Goldboro will sell well, then we might still get 0.35 per share.
But I also trust the management to sell the Goldboro extremely cheaply and get paid handsomely or get a new job with the buyer.
No investor will provide money for the construction of the mill. They also know that the management just burns money and knows nothing about gold production.
Now it's just a matter of waiting.
It's good for you - you can then collect a few more pieces of that $2 to $5 stock that you think is now so undervalued.
I don't understand you. You've been burning money for 20 years now. And now that gold has finally reached $2000, Signal is at a historic low and you still believe in a turn for the better.
Something else:
When will they start construction on the mine again? What did management say two or three years ago?
I've completely forgotten about that.
You see, that's why no one invests here anymore. According to their statements, the mill should almost be in production by now.