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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. > Sunday Morning Coming Down ....... kris Kristofferson
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Post by winedoc on Sep 10, 2023 9:47am

Sunday Morning Coming Down ....... kris Kristofferson

Sure ......  we are all a little down on the share price .......  but deep storage gold's still there .......

Seems there is a persistent seller ...... 

On a positive note,  work is progressing well on site like never before and 

Ive been driving up Goldbrooke road for over 15 yrs ........

Site visit

Got to chat with two guys from Hit Drilling

One rig busy on Doliver Mountain

Second rig at core shack parking lot is still being rigged up on bulldozer style tracks and almost ready

to be deployed

Behind schedule on that second rigs changeover 


They explained this set up will allow for quick relocation of drill rig, rather than towing drill on sled with

the excavator

They have 40 more holes (yes thats right forty). all 175 to 250 M deep. (10,000 M to go)

Water is being pumped all the way from the lake with a new set up of pump stations

They said there were delays with WG drill results ........ due to labs etc

??  Why would they be drilling 40 holes if the geologists were not confident they are hitting the  saddle 

structure

Just Saying

All I got for now

Winedoc
Comment by GillieBan on Sep 11, 2023 3:51pm
40 more holes, 10,000M. Anyone have any guesses on how long that would take?  as mentioned elsewhere, it's probably the best use of energy while the markets and the SP are not conducive to favourable financing.  Maybe M&A talk will really start cranking after we release the results from this drilling marathon.
Comment by shiftyone on Sep 11, 2023 3:59pm
Comment by GillieBanon Sep 11, 2023 3:51pm 0 Views  Post# 35630051 RE:Sunday Morning Coming Down ....... kris Kristofferson 40 more holes, 10,000M. Anyone have any guesses on how long that would take?  as mentioned elsewhere, it's probably the best use of energy while the markets and the SP are not conducive to favourable financing ...more  
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