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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. > Saturday Site Visit
View:
Post by winedoc on Jun 29, 2024 10:53am

Saturday Site Visit

Hey All

Cloudy day in Goldboro

Didn't stop dogs from swimming in Webbs Cove this am

Lonely beer on Cemetary Hill

Still cant believe we were cruising at $1 and now we are 10 cents

Drilling appears to be going well

Interesting drill rig position

They are right on the pipeline up 441

They did not step out very far from the last line

Maybe 50-100 M

They are just to the northwest of the nose of the anticline and look to be drilling vertical just barely off the nose maybe 25 M off nose

Locals say they are hitting nice interceps  FWIW

? Comments

Three trucks at the core shack and I can hear the diamond saw cutting core

No one outside to talk too

We should have drill results within a month

Sure hope there is guidance on next steps

Wonder if BMO has something lined up. ??

The whole gold sector is down

Hard to know when investment cash will come back to our sector

Meanwhile gold bullion consolidating near all time highs and at a seasonally weak period

Anyway

All I got for now

Come on Kevin and Rob.........Jesus Take the Wheel

Winedoc


Comment by GillieBan on Jun 30, 2024 6:47pm
Thanks, as always, for the field updates winedoc. the info yhzsailor shared a while back might give us a clue as to why we are not hearing anything about a BMO-brokered deal. The public consultation for the federal permit is ongoing, started May 27, running til July 27. so we know it will be at least well into August before we hear anything about that permit, if not later (knowing the speed ...more  
Comment by GillieBan on Jun 30, 2024 6:56pm
I should add, since my thesis is the gold is there and the permits will EVENTUALLY happen, then ten cents is a hell of a deal. As such i continue to chip away and buy small volumes while the price remains this low. 
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