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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 04, 2014 3:05pm
196 Views
Post# 22807780

RE:RE:RE:Big disappointment

RE:RE:RE:Big disappointment
Fatcharlie!!!  Question? - Why did you buy Anaconda stock 7 years ago? I know why I did. We have invested and followed this company so long that we both know all of it's Ups and Downs over the years. All of us long investers are so frustrated with today's share price. Dustin laid out a 2 year plan at the last AGM with $2.2 million on exploration that should be completed by spring of 2015 which coincides with the last of the $1 million proceeds from the Chilean investment (excluding Royalties). I guess my point is, even though the mining sector has, and is still getting beaten up, including Anaconda. The results of this new exploration which will hopefully increase our gold reserves in the ground, via NI43-101 will certainly increase the value of this company. Book value is about 25 cents. With positive results my views are similar to 160k's. You had Anaconda shares for 7 years . One more year won't make a difference, but the upside might be worth the wait.

Good Luck!!!  (I'm sure glad Anaconda has NO DEBT)
Bullboard Posts