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Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

Signal Gold Inc. is a Canada-based gold development company. The Company is engaged in advancing the wholly owned Goldboro Project in the Canadian mining jurisdiction of Nova Scotia. The Goldboro Project is an advanced exploration and gold development project located approximately 175 kilometers (km) northeast of the city of Halifax, 60 km southeast of the town of Antigonish, and 1.6 km north of the village of Goldboro, on the eastern shore of Isaac’s Harbour, in Guysborough County, Nova Scotia, Canada. The Company has consolidated approximately 28,525 hectares (285 km2) of prospective exploration land in the Goldboro Gold District.


TSX:SGNL - Post by User

Bullboard Posts
Comment by 160kon Mar 06, 2011 4:42pm
165 Views
Post# 18241080

RE: ThoughtsRE: Last of Mohicans:

RE: ThoughtsRE: Last of Mohicans:Why were MOA and ANX so hot for Pine Cove?  As I asked in a previous posting, didn't ANX do its own due diligence before deciding to take on the JV with NIS?  And what about MOA?  They obviously saw something of value there too.  RE:  Neptune:  NIS has always traded..there has been no halt but they may be dropped back down to tier2 which I don't think matters much here.  You can't operate international operations in Newfoundland and Chile from an office in Toronto without highly experienced field people and that is what ANX is attempting to do but they don't have the field people.  It is easy to look back now at the 2 deals involving ANX and MOA and see which one would have been better BUT, if Pine Cove had been made to work, the ANX deal would have been superior to MOA's.  The question is why can't or won't P.C. work?  The gold is there and even with low grade ore, the current price for gold should still make it viable.  Iron is becoming "golden" too and I don't understand what is holding back the development of ANX's deposit in Chile?

As far as Rambler is concerned, they already have a number of toll-milling contracts going with smaller mining operations and their own mine will be up and running soon too.  ANX and NIS should have bought that damn MIll...in itself...it was gold. 
Bullboard Posts