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Bullboard - Stock Discussion Forum 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... see more

TSX:SGNL - Post Discussion

Signal Gold Inc. > Maritime Resource Corp Shareholders
View:
Post by GoldNHill on Jun 25, 2021 10:27am

Maritime Resource Corp Shareholders

Wonder what they think now of not merging up with ANX ...offer was at about where there share prise is today...coulda, shoulda

Tis really unfortunate for us in a way as Hammerdown would have been a good addition to attaining ANX's goal of 150,000 ounces per year...We may get there with current plan regardless given Goldboro's current projection of over 100,000 ounces per year average.

Unfortunate for both companies in the long run.  Hoping great success to both companies.  Who knows what the future will bring for Maritime
Comment by DoumDiDoum on Jun 25, 2021 10:44am
Yep GoldNHill, MAE shareholders, and I'm in the group, would have benefited from the raise and the synergy would have bring the SP to $1.50 today IMO.  Too bad sooooo sad.  But hey, I'm in the green for both plays and both are looking at extracting gold from the ground in the next couple of years.  MAE shareholders just need to be more patients before having their pay day ...more  
Comment by NLMoose on Jun 25, 2021 11:31am
Big missed oppoortunity and mistake to not join forces with a company whom has huge success like Anaconda. Shame on Maritime Resources there.  
Comment by CountOfMeltedCrisco on Jun 25, 2021 12:20pm
They are, always have been, and always will be just a Management Lifestyle company whose management is only concerned with keeping its nest feathered, the Shareholders be damned. 
Comment by GoldNHill on Jun 25, 2021 12:35pm
Orex Exploration Inc...Jacques and his multi-multi year personal ATM comes to mind...so frustrating were those years...total disregard for the shareholder, only thought is where is my next $10,000/month salary checque coming from for cutting and pasting financials....$75,000 per year for his 1200 sq foot office in Rouyn...why develop a mine when I get paid for not doing anything...a great gig! So ...more  
Comment by GrumpyInvestor on Jun 25, 2021 1:09pm
You are so right with your take on the old Orex management. That’s where my nickname comes from. But I kept a few shares and bought a lot more at 0,03$ reasoning that Jacques had sooo many shares that he would finally realise that his best long term bet would be to have someone advance the project. I tought Osisko would bring us foward, but it didn’t turn out that way. When the deal with Anaconda ...more  
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