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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 09, 2015 6:03pm
148 Views
Post# 24090718

ANX more Attractive than EVER!

ANX more Attractive than EVER!Briefly, ANX's annualFY-end 2015 report was more attractive to potential suitors than what first meets the eye. Their recorded loss of about $4M was almost entirely a "paper" writeoff of the Chilean assets leaving only about $400,000 in actual cash losses. Excluding Chile, their loss/share was negligible. As they increase their production, all-in sustaining costs/oz should drop with the realization of efficiencies and the streamlining of certain operations in and around both the mine and mill. Most comparable peer-group operators would be happy with ANX's results given the tough times now for gold and other precious mineral producers. Start thinking PETITION or watch out! A 9.52% insider shareholding of the Company tells me that Management is not totally committed to this Company. And that is reality, not panic!
Bullboard Posts