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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 Oct 04, 2012 4:09pm
228 Views
Post# 20449211

bada123bing and iq4u: My Take:

bada123bing and iq4u: My Take:

I agree with you co-shareholders that a merger would be wrong!  We do not need it.  Plain and simple!  We have enough going for ourselves where these companies that have been suggested should COME TO US!  We have a great expandable Mill;  own most of the best land holdings in the Peninsula at Baie Verte: will be debt-free soon and are currently operating cash-flow positive and with gold today hitting $1,891.00/U.S./oz, we should be making record production and revenue numbers going into this winter.  I DO NOT want to be washed out by a larger operation such as Rambler or Marathon and I do not want to go through the nonsense of another New Island takeover where we end up paying too much or getting too little for our assets depending on what side of the fence you were at that time.  Dustin has stated that he is willing to build this Company in to a 20,000 oz./year producer and he will do it anyway and ANYWHERE in Canada.  Please read his statements carefully.  He has stated that anywhere in Canada where he can find an opportunity to grow this Company aggressively, will fit his bill.  Naturally, the focus now is the Baie Verte Peninsula but if an opportunity arose in northern Ontario, why wouldn't he take it?  He has made it clear that he is in this for the long haul in order to build a mid-tier producer and that fits well with my expectations.  I am in for the long-term for history has shown me that time is the magic which builds wealth.  ANX has come along at precisely the right time in history as the price of precious metals continue their historic climb to the summit for all of us.  I expect record 2ndQ profits and a further lowering of the debt-bearing debt.  Patience is a virtue and a money-maker, my friends.

Bullboard Posts