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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 Sep 05, 2013 6:10pm
323 Views
Post# 21721390

RE: iq4u: your perspective:

RE: iq4u: your perspective:
Yes, you are correct and everyone should see their investments this way i.e. in terms of patience and confidence in the management team which so far, since taking over the NIS interest, has accomplished everything it planned to do and much more.  You have a huge stock holding as I am sure many others do too.  That is why our Company should be more diversified in its production mix.  I would like to see ANX acquiring other production-ready assets such as platinum; iron; uranium and even silver.  You cannot always put all of our eggs in one basket and hope that none of them crack.
Recent drop today from the $1400's back down to the high $1300's is more a function of profit-taking than improvement in the U.S. and global economic picture.  The winds of war; the debt ceiling approaching in the U.S.; the possibility of the Middle East attacking Israel; another terrorist attack on U.S. soil and so on and so forth could move gold back up in a heart beat.

I believe I made an error in one of my last postings wherein I said that Dustin's all-in cost for an ounce of gold was $960/oz but in reality including corporate costs, was actually $1200/oz which is still way too high for comfort.  We are on the edge of .10cents again and hopefully the $1million dollar payment due by Monday, September 09, 2013, will get us into the .10cent level where over 300,000 shares sit for sale.  It behooves me how any one could be selling now just when our Company is moving ahead aggressively and growing in all aspects.  The $125,000 first quarterly payment from Tal Tal  is also expected in October of 2013 and as we increase our cash flow; profits; and working capital, our own shareholder equity is growing too and that once huge corporate deficit is shrinking with each quarter, now sitting at about $15.2million.  Our own shareholder equity is almost $25million which is a massive improvement from just over 3 years ago. 

We are a Company on the move....up... and the share price can't languish like it has been--- forever.  C'mon fellow shareholders, pay the .10cents and buy a few more shares and let's get this stock over the hump. once and for all!  ANX is a gem in and of itself and hopefully the market will discover it---once and for all !!!
Bullboard Posts