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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. > PS. The board of directors don't care
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Post by shiftyone on Mar 12, 2024 10:28pm

PS. The board of directors don't care

They are not invested in this company and they get about $20 000 a year for having a meeting probably once a year.  Sometimes by skype.

It's the shareholders who should care.

A member of management just bought 1500 shares at .10 a share.  But a couple of days later got about 1.4 million options at .09 cents a share.  So even though they did invest $150, they have the upside the same as if they had bought over 1.4 million shares, without risking a penny.

The best thing for this company is a change in management.  The stockprice would triple within a month.  But....  everyone is so loyal.
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