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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 Newfoundland which includes the fully permitted Pine Cove Mill, tailings facility and deep-water port.


TSX:SGNL - Post by User

Comment by longagau2on Jan 03, 2022 11:58am
118 Views
Post# 34279250

RE:RE:RE:2021 Annual Review For ANX And Outlook For 2022

RE:RE:RE:2021 Annual Review For ANX And Outlook For 2022I agree with you DDD and grumpy.  Here are my 2 cents.  The other thing to mention is that goldboro is currently on the low point on the Lassonde Curve between exploration and development.  As goldboro permitting progresses, ANX share price should go up.  The big variables are 1. Point Rousse Production - this really needs to get back on track and it better be by Q4 2021 otherwise we have been sold magic beans about it this year, as we have heard after each bad quarter the production and profits will pick up in the next quarter, only to find out that was not the case.  2. exploration upside. 3. Timing and form of financing - I really hope ANX waits as long as possible to start financing.   Financing at current SP will be too dilutive.   If Point Rousse gets in gear and the financing is done after the permits are in place, this will be done at a much better position for us.  4. Gold price - it will probably move a lot this year, and it appears it will be to the upside, but there could be a flush down to 1500. 5. Potential takeover - this could happen any time, i check at 2pm each Friday to see if there is news.  Again, I am now hoping this happens after Dolliver Mountain exploration and Tilt Cove exploration.  5M-6M ounces in the ground will fetch us an incredible offer. 
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