Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Aug 14, 2015 1:20pm
118 Views
Post# 24019198

Tractorboy: RE: BIG TIME SHAREHOLDERS:

Tractorboy: RE: BIG TIME SHAREHOLDERS:Regarding your calculation of the breakdown of some of the ownership of the share capital in ANX: the 10%+ you mention...is that held by a registered group or by an individual shareholder? Any shareholder who exercises control over, either directly or indirectly, of 10% or more of the outstanding/issued stock in ANX, must make regular filings with the OSC. I see no other insider filings other than those who are currently members of the Board. The fact of the matter is that our Board/Management holds so little of their own stock that it is shamefully embarrassing. In point of fact, some members hold NO shares in ANX at all! The point in creating a SPRP Tractorboy, is not to fight off Plantro, but rather to act as a standing means of "DETERRING" any other FUTURE bids that could rob all of us of our investment dollars in ANX! Just because a SPRP may have a term of 10 years, for example, it does not mean that it cannot be waived by a vote of the majority of the Company's shareholders if and when or in the event of a "favourable takeover bid"! Does that make any sense to you Tractorboy? If you want to maintain/retain control over the future of this mining operation, then we, as the shareholders who hold the majority of the stock, require some control over any future bid that may surface, even if it is "favourable", and NOT the Management, which holds less than 17% of the share capital, as in the case of ANX! Should our Management "recommend" that all shareholders tender their shares to a bid which they feel is "acceptable" to them, but "not acceptable" to us, as the common shareholders, then what would you do in a situation such as this?
Bullboard Posts