RE:RE:RE:Anyone from this board buying during this runup?Well it seems as tho there is LOTS of selling BUT more BUYING as one can see from the share price this week.
Today presented another strong day (relative to recent months) of buying as the larger ask blocks were taken out. Very nice to see - FINALLY!!!
We also made the top Bullboards list today
TOP BULLBOARDS
Signal Gold Inc. T.SGNL 1802
Given the strength of buying this week, one could attribute this to the price of gold (consistent a$$ent upward) AND obviously the situation we find Signal Gold in as per the latest release. Might prospective interested parties be taking the opportunity to buy cheap shares as they see how undervalued Goldboro is?
This is one of the largest gold camps in Canada after the recent staking that Signal did in the past several months.
They have 1.1 million defined pitable ounces of gold grading 2.6g/t...not many undeveloped open pits projects in Eastern Canada can boast that!
If they did a new resource, we know it is sufficiently higher to make up the difference to build the mine as compared to the previous estimate to build and that was done at $1650 USD gold!!! What is gold today $2329 USD. hmmmmmm.....sheesh!
Cheap is 50cents give the above...expensive Shiftyone, I beg to differ IMHO...just saying!
As I have said before there is potential for 5 to 10 million ounces in this deposit...they have only scratched the surface with drilling and have two pit defined (where they have sufficient drill data). These deposit types go deep...they have 3.7 kms of strike lenght!!!...this is an underground gold mine, with some juicy pits to start the story.
Any knowledgeable company doing their DD of this property will see that.
Kevin bring the right group to the table to advance Goldboro forward ASAP!!
Focus on starting the mine as Environmentally Permitted then define and chase the underground high-grade as they have currently planned...I'm totally on-board with this approach.
Sure explore your new properties with your flow thru ca$h and hopefully find another source nearby I know there is lots of potential to the north for sure!
Have a nice weekend everyone...hoping to see another strong buying week next week to see the share price much higher than where it currently is....SOOO UNDERVALUED AT THESE LEVELS!
Good luck with your investment ca$h