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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 160kon Aug 18, 2015 3:45pm
109 Views
Post# 24029084

RE:RE:Shareholder protection

RE:RE:Shareholder protectionVillaManya: You are absolutely right. Tractorboy1's argument against such a Plan is spurious at best and unfortunately it does not address the reality of the situation. VillaManya; I have never been pushing for a SPRP because of Plantro. You may remember that I have been recommending such a Plan several years ago and what I am really talking about is not now...but the future when ANX may be producing 70,000 or more ounces/year and the stock still remains undervalued. What then? I am talking about the day when ANX is considerably larger, producing greater and greater amounts of gold and may own a portfolio of 2 or 3 other gold properties near production. And like VillaManya has said, what can it hurt to have such a Plan in place? There would be some legals; administrative and other general costs to create a SPRP...but nothing too pricey or nothing that couldn't be done for a few dollars. So, as VillaManya says: "...What's the point in not doing it:....there's no real downside...". AN OUNCE OF PROTECTION IS WORTH A POUND OF CURE!
Bullboard Posts