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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 Oct 31, 2011 5:24pm
226 Views
Post# 19196808

RE: RE: Huge Block Trade #2:

RE: RE: Huge Block Trade #2:Yes, I think that ANX is depending on attaining positive cash flow from Pine Cove to commence their plans for the Chilean assets, once they build up enough working capital and work down some of the debts and the deficit.  I hope that you are right about Ravenhill and their view of ANX going forward.  The East Coast of the U.S. has been hit with a massive snow storm and it is reported that it is also moving as far north as the Maritimes impacting New Brunswick.  I hope it has not reached Newfoundland or it might slow things down a bit.  My only question is why are all of those purchases from National Financial originating out of the Montreal office...or is that it is there where things get processed for all of the National trades regardless of where they are entered? .  The Pine Cove mining property itself has much more gold to find and unlock and they should also be thinking of exploring the property and drilling more locations.  They probably could extend the life of the mine by 10 more years and actually uncover higher grade ore bodies.
Bullboard Posts