Signal Gold Inc. T.SGNL

Market cap surely needs a re-rate

[VillaManya]

Market cap at loast night's closing: C$168,167,442
NPV of goldboro mine according to PEA: C$547,000,000

Doesn't take a mathmetician, let alone a magician, to work out the direction of travel..........or am I missing something/being naive?

[thegoldenchild]

POG at $1550 used in the PEA is quite low too. I am sure that if we used even $1700 USD, the IRR would be closer to 40%. I guess they need to use an industry accepted value at this time, but I am sure that by the time the mine is up and running, the POG will be well over $2000. They should have provided an IRR with various scenarios like POG $2000, POG $1900, POG $1800. Perhaps someone can suggest

[therager]

thegoldenchild...The PEA is likely very conservative and I would not be surprised to see the project economics become even more robust when the definitive FS is released year end. Keep in mind also that the data supporting this PEA is at a much higher magnitude than your average data lite PEA put out by most projects. What this means for ANX (and more importantly shareholders and prospective