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Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

Signal Gold Inc. is a Canada-based gold development and exploration company. The Company is engaged in advancing the wholly owned Goldboro Project in the Canadian mining jurisdiction of Nova Scotia. The Goldboro Project is an advanced exploration and gold development project located in Guysborough County, Nova Scotia, approximately 175 kilometers northeast of Halifax, comprising an exploration license area of over 27,200 hectares (272 km2). The Project is subject to a positive Feasibility Study which demonstrates an open pit life of mine (LOM) with average gold production of over 100,000 ounces per annum. The Company also operates the Tilt Cove Project, a prospective exploration-stage gold copper project located within the Baie Verte Mining District, Newfoundland, with approximately 15,000 hectares of prospective mineral lands and 35 kilometers of high-potential strike length including the Nugget Pond Horizon, a geological unit that hosts the past producing high-grade Nugget Pond Mine.


TSX:SGNL - Post by User

Bullboard Posts
Comment by JamesBlenderon Sep 20, 2016 11:12pm
200 Views
Post# 25259185

RE:RE:Good Value

RE:RE:Good ValueYup.... pretty sad when the CEO is closing in on making twice what the company does....

It makes it all so much more insulting when the company does financings at 1/2 the current share price.... Oh ya......big time dilution at bargain basement prices....who got those shares?  why does he get shares at hallf the market price? Heck, the company had just diluted the shareholders in a huge way and then they drop the price?

Diluting shareholders to give to charities is okay, too! Then there are the morons that are giving ANX awards? Clearly they are clueless when they don't factor in shareholder value. I suppose in a world of negative interest rates that growing the number of shares is viewed as positive!

The only people making money on ANX are the people collecting those FAT salaries, the people getting cheap financings, and the recipients of the charitable donations...
Bullboard Posts

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