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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 bada123bingon Aug 21, 2012 6:38pm
162 Views
Post# 20243968

RE: Tractorboy: I don't think its a massacre!

RE: Tractorboy: I don't think its a massacre!

I think you are absolutely right tractorboy.  I do have questions in my own mind as to why management did not continue to update their website with their news releases which they had been doing earlier in the year. I do have questions as to why they haven't breathed a word on the bulk sample they sent for analysis also very early in this past year. I do have questions as to why the Financial Statement hasn't come out or at least give us notice as to when we might expect it. To Dustin Angelo's credit, he did release positive news about the statement but when will the auditors release the True Statement (audited or unaudited). This would be an opportunity for management to give themselves options at this low share price knowing very well that the ones they have had, have expired. Maybe Dustin Angelo has a vision as to why. Does he intend to further his expansion growth of the area? (I think he's done a remarkable job thus far). I ask myself who would benefit by keeping the share price this low even though we know that this company has made a remarkable turn-around in this past year. We should be debt free in the upcoming months providing there has been no complications (as to downtime) to the mill. Us long term stock holders are anxiously waiting for more positive results since this turn-around. Maybe the short term buyers wanted to make a quick buck and then get out and that's what we've been seeing this past week. Who knows maybe even a TAX LOSS scenario and rebuy at these levels. We do know for sure that this company is making money on a month to month basis and it's just a matter of time that the share price will reflect it. We have waited years for this turn-around so a few more months will not matter and/or might even give you a chance to pick up some more at these low prices. GLTA!!!!

Bullboard Posts