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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 11, 2012 6:48pm
232 Views
Post# 20475470

Can ANX hold that .14cent base price?

Can ANX hold that .14cent base price?

Sellers keep pushing down the stock price and buyers don't help the situation much by backing off and unwilling to pay market value for this stock.  I can't imagine tax-loss selling on this stock so what is it that drives shareholders to unload their stock at a time when the Company will likely report record production and record net earnings?  ANX is on target to break every single record it has previously set with respect to its operations and financials and will likely be  interest-bearing debt-free well before FY-end 2013.  The stock is so undervalued that it amazes me that a larger concern hasn't taken a run at the Company yet.  Resistance was at the .145cent-level but lately I am not sure if we can maintain .13cents.  And....Investor Relations must be overhauled.  I have e-mailed them numerous times now never once having received back a reply.  If I.R. is doing nothing to sell the ANX story, then just what good are they to us??

Bullboard Posts