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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 spinyon Jan 07, 2018 1:42pm
122 Views
Post# 27300928

RE:RE:ANX = Reverse Splits and Cheap Financings

RE:RE:ANX = Reverse Splits and Cheap FinancingsThat is exactly how ANX operates so you have changed nothing. You can look forward to massive dilutions, reverse splits, and more insiders riding the gravy train. That AN mill has never made any money or profit and that is why ANX has done so many massive dilultions. Each time they dilute their shareholders they do the financing at WAY BELOW the share price. They include warrants and the share prices suffers in a HUGE way! They have little debt because they do so many financings. WHO GIVES A BLEEP ABOUT THE SHAREHOLDERS WHEN YOU GET YOUR OPERATING MONEY AND FAT SALARIES ON FINANCINGS? All the focus is on the fluff side. How about the fact that the ore is 1000 kilometers away from the mill? How about the fact they will need HUGE infrastructure to enable the ore to be loaded on the barges? How about overcoming the government regulations, etc, etc, etc. This is going to cost millions and millions of dollars that ANX does not have. So, a REVERSE SPLIT AND BIG FINACINGS ARE COMING TO PAY FOR IT. Nothing gets me excited about ANX when I see massive financings and dilution just around the corner. And a good track record at what? How about BIG financings, dilutions, fat salaries, cheap financings, meaningless news releases about charitable donations? The ANX mill has never made any money! That's why there are so many financings! I believe ANX has needed a new CEO for many years now. I've done the math. In a few years shareholders of ANX will be so diluted it won't matter if they are making gold or not. The shareholders will be wiped out of their positions due to massive financings and reverse splits. The infrastructure costs are not being talked about in this part of the pump and dump cycle. Respectfully GoldNHill .... Big Bob has no doubt secured his profits and is VERY LIKELY dumping into the perceived euphoria right now. The huge volume has to be coming from those that participated in the 5.5 cent cheap financings and are now dumping those shares at 10 cents to get ready for the next pump and dump cycle.
Bullboard Posts