Signal Gold Inc T.SGNL

Alternate Symbol(s): SGNLF

Metals & Mining Gold Industrial Metals & Minerals

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.

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Signal Gold Inc

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Comment by Stoploss1on Apr 17, 2011 4:40pm

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Post# 18443733

RE: RE: Reviewing the Facts

That way that I see it is that that ANX managed to achieve many targets over the past year.   They have 2 other milestones to achieve. They are:

1.    Continue to increase the recovery rate.   Recovery rate was at 55% some 4 months ago and based on increased gold production, it is now between 65 to 70%.    But they still has a way to go.

2.    Find other high grade gold deposits. Based on past drilling results they have potential depsits targeted.

I believe Pine Cove will eventually meet it high production targets.

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