Bullboard - Stock Discussion Forum Signal Gold Inc. T.SGNL

Alternate Symbol(s): SGNLF

Metals & Mining Industrial Metals & Minerals

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

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TSX:SGNL - Post Discussion

Signal Gold Inc. > Taylor Dart Is Pushing The Promo A Bit On Seeking Alpha...

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Post by DoumDiDoum on Mar 01, 2021 1:40pm

Taylor Dart Is Pushing The Promo A Bit On Seeking Alpha...

... by using ANX in one of his article released today: Gold Resource Corporation: An Inferior Way To Play The Sector

Slowly but steadily, we will get eyes opened about us!

Here is the excerpt:

Even if we subtract out GRC's net cash of $25.1 million or $0.35 per share, this still translates to a lofty valuation for a junior producer in a less favorable jurisdiction. In fact, Anaconda Mining (OTCQX:ANXGF) currently has a slightly smaller production profile but massive organic growth potential, and it is trading for an enterprise value of $90~ million in a much safer jurisdiction (Canada).

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