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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
Post by 160kon Apr 07, 2011 5:39pm
244 Views
Post# 18401489

RE: theflusher:

RE: theflusher:Yes, I understand, but maybe management has gone as far as it can to continue propping up the Company until the Mill facility works.  Everyone has their limit(s).  I was told that just about everyone involved in ANX has invested something in it to make it work and to see it succeed.  It makes no sense to me that they can't make a simple Mill work that only has to extract a single metal from the ore it is processing.  What then could be wrong?  Was ANX sold a pile of rubble and if they were, how is it that they didn't do their own due diligence before JVing with NIS?  Afterall, NIS had the Pine Cove mine ore body certified by an independent geologist.  Did someone make an error here and mix up samples with another company's?  Someone isn't telling us the real truth about this deposit because if they did, it is possible that we may have another BRE-X to deal with.  As far as the Rights go, I hope it is a successful offering but they probably won't trade for more than .005cents, so maybe, without the commission charges, there may be investors willing to buy the stock...let's hope so.  Even Prominex, without anything tangible yet, trades at .065-.07cents/share, so, ANX certainly should be worth double that.
Bullboard Posts