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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. > new video interview
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Post by eric_a_su on Jun 23, 2022 7:16pm

new video interview

Comment by longagau2 on Jun 24, 2022 11:39am
Kevin said Point Rousse has been pouring 140 ounces of gold per day for the last 3 weeks in this video. That extrapolated to 4200 ounces per month or 50,000 ounces per year. Would be a very good next 12 months if this is sustainable, although this would exhaust argyle based on the mining plan. He did estimate a more realistic 13 million in profit from Argyle in the 2nd half of 2022.
Comment by onetimer on Jun 25, 2022 9:10am
It seems you basing your calculations on 7 says a week of the mill running.  i dont think the mill is going 7 days a week , 365 days a year Can anyone confirm this? they have stat holidays, maintaince periods. Ther e guidance is for about 22,000 ounces.  Based on there last update,  Since restarting mining operations in early May, Point Rousse has mined 30,483 tonnes of ore ...more  
Comment by keng1968 on Jun 25, 2022 1:38pm
Atypically, a mill will run between 330 and 345 days a year with the remainder down time for maintenance and full clean-ups such as when the ball or SAG mill liners are replaced. Operations run 24/7 as it’s a royal pain in the butt to get everything set up and dialed in after a shutdown. I cannot speak of what Signal’s operational pattern is, but the former is typically what  was the ...more