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Signal Gold Inc ANXGD


Primary Symbol: T.SGNL

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
Post by theflusheron Mar 11, 2011 5:20am
269 Views
Post# 18269755

160/tractor

160/tractor
160
other comments from your post.
Pine Cove staff are fully trained and now able to handle all aspects of the Mill operation as professionally as any and that these rumours of chaos and inexperienced townsfolk working the circuit was point blank B.S
Well have to say that for the last 3 yrs they had not been trained, know most of them, 
its been the talk of the town for yrs ., most just wanted to be trained properly to do there job, employees themselves where talking about it that there was no leadership, maybe its changed because of the new mill superintendent., that would be great.
Look at ANX press release of November 23rd, 2010 and read between the lines.
Anaconda engaged a new, full-time Mill Operations Superintendent who has 30 years of experience, particularly with operating a Merrill Crowe circuit similar to what is currently run at Pine Cove. 
The merrill crowe system was there since 2008, no one knew how to operate it.

new position called Environmental and Analytical Superintendent, established primarily 
to manage the on-site assay lab, which will ensure timely, reliable assay results of mill 
circuit and blast hole samples as well as quality control of optimization test work
Need i say more, that blast hole samples just started to be collected 6 months or so ago, been in 
operations for 3 plus yrs.
Anaconda has also contracted a mining engineering firm to provide support to its in-house mining staff for general mining operations and grade control. 
How was it run in the past 3 plus yrs.
As far as toll-milling is concerned vis-a-vis Rambler's Nugget Pond Mill, this is a "no go".  Dustin indicated that it would not be cost-effective to toll-mill considering the transportation costs; the royalty and the condition of some portions of the road system
Well that would be nice, it would look stupid having to bring our product to Nugget, we failed again. 
Tractorboy comments heard also, that the concentrate is going to be sent to Nugget for processing, august or so, they will be sending all the concentrate over. Read between them lines, shutting the gold circuit at Pinecove we would assume after July...
He was adamant that there is nothing wrong with the ore body; the grade or the mineralization except for this one component of slugginess which will be dealt with by installing a different filtering system
Well AGREED that one thing for ANX, the orebody is there, then again ANX didnt have much to do with that fact, the slugginess of the ore, its a geological/engineering item on this deposit was told, i think it called calcium carbonates me buddy said, the previous float work identified this and the cleaner stage float was engineered, guest ANX missed reading that part.
1. debt over 10 million with and addition of 5 million in accounts payable.
2. spinoff, that not exactly what investors want to hear after holding on to the stock for yrs.
3. at least there making a bit of gold, its a start.
Bullboard Posts