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Signature Resources Ltd V.SGU

Alternate Symbol(s):  SGGTF

Signature Resources Ltd. is a Canada-based exploration company. The Company’s principal business activity is the identification, evaluation and exploration of mineral resource assets in Canada, with a focus on precious metals. The Company is engaged in exploring its Lingman Lake gold property located within the prolific Red Lake district in Northwestern Ontario, Canada. The property is situated in the Lingman Lake Greenstone belt consisting of a complexly folded assemblage, of mafic metavolcanics, felsic metavolcanics and metasedimentary rocks. The project has an approximately 234,000-ounce historical high-grade gold resource estimate that is contained within the first 180 meters of surface and open in all directions. The Company’s Lingman Lake gold property consists of approximately 1,300 staked claims, four freehold full patented claims and 14 mineral rights patented claims totaling approximately 24,761 hectares.


TSXV:SGU - Post by User

Post by likeikeon Dec 24, 2021 10:46am
205 Views
Post# 34260754

ceo

ceo
 
@flapdoodl Looks like we are setting up for a good start in 2022. Got past the warrants expired this month(few million more expiring mid 2022, don't remember the strike and amount), tax loss still a bit ongoing, BUT we have good hits(have to stop comparing everything to GBR and NFG), a good targeting drill campaign with an unlimited future on a property of this scale. I don't know if it has been mentioned, but it seems that after the small 2-300K resource is compliant, maybe a starter mine to fund more drilling. Just a thought. That might not make sense and I don't have the mine building knowledge or time to figure that out. The fight we have is recognition among other properties to be known as a bird in hand. I see the future of juniors increasingly being divide into those with something and those that dream. Look at NFLD. Just because you surround a major hit does not mean you aren't going to be sweeping dust. Having Eric on board means nothing. With his money he can step up to any dice table and play the hard eight without remorse. Worse are all the small nano caps like SXL, BMK that have been playing around finding suckers for years. And just how many more will be sucked into NRG? (as a rule of thumb, avoid and play being touted by anyone with Mike in their name). My point is in the not too distant future, that the haves will have and the slackers will slack. Just a year end rant on the positive.....for SGU. GL in 2022
@flapdoodl Looks like we are setting up for a good start in 2022. Got past the warrants expired this month(few million more expiring mid 2022, don't remember the strike and amount), tax loss still a bit ongoing, BUT we have good hits(have to stop comparing everything to GBR and NFG), a good targeting drill campaign with an unlimited future on a property of this scale. I don't know if it has been mentioned, but it seems that after the small 2-300K resource is compliant, maybe a starter mine to fund more drilling. Just a thought. That might not make sense and I don't have the mine building knowledge or time to figure that out. The fight we have is recognition among other properties to be known as a bird in hand. I see the future of juniors increasingly being divide into those with something and those that dream. Look at NFLD. Just because you surround a major hit does not mean you aren't going to be sweeping dust. Having Eric on board means nothing. With his money he can step up to any dice table and play the hard eight without remorse. Worse are all the small nano caps like SXL, BMK that have been playing around finding suckers for years. And just how many more will be sucked into NRG? (as a rule of thumb, avoid and play being touted by anyone with Mike in their name). My point is in the not too distant future, that the haves will have and the slackers will slack. Just a year end rant on the positive.....for SGU. GL in 2022
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