Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Apr 18, 2011 7:45am
240 Views
Post# 18445049

Stock a BUY

Stock a BUYI would not rush out and buy the stock, 


Until we see the leach side of the plant repaired or longterm deal with Rambler we are still screwed. 


90 percent recovery is great on the float, but that should of been achieved last September.


Given them a passing grade in the last quarter was the ore grade was finally under control, so its seems. 


Waste to Ore ratio is high, expected given the incompetent mining over the past yrs, we gonna pay for it now.


Whats next is the question, 
1. there gonna try to mine Romeo and Juliet quartz vein., 
2. I see a longterm deal with Rambler or RAB buying the property directly is still in the cards
3. Iron ore, waste of time, we cant raise money to pay the bills of repair the leach circuit.


Maybe by September things might of improved to even think of investing in this stock., for now im still a seller.
 


Bullboard Posts