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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 Nov 23, 2011 6:13pm
278 Views
Post# 19262611

Ancient History:

Ancient History:Let's face it, the Report ending August means nothing.  It only reflects that period of time when the Mill was being revamped and plans were in place to start the modifications and the upgrading...so what does it mean?  Really nothing.  They had to publish this Report and they told it like it WAS.  Surprisingly, they still netted out some profit and they talked about work being commenced in Chile.  Let the Reports catch up to the reality and I think that they will paint a much clearer picture and a more positive one at that.  I did like their resolve and determination and I think that they will ultimately do well so long as the price of gold holds up.  It should be moving up dramatically but it isn't...go figure?  What I was hoping to see was something to suggest that they are preparing to spin off or separate the gold operations from the iron operations.  The bottom line for the gold operations are being hampered by the expenses related to Chile.  It may be time to separate the two.
Bullboard Posts