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Signal Gold Inc ANXGD


Primary Symbol: T.SGNL

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 linveston Jan 20, 2020 3:04pm
156 Views
Post# 30574511

2019 Gold production guess

2019 Gold production guessIn 2018  20149 Gold ounces were sold. Initial guidance for 2019 was 19000 to 20000 but it has been revised from 16000 to 17000.
For 9 Month of 2019 13057 ounces have been sold. For 3 last month of 2019 whe know that they  sold 903 ounces (Bulk sample). This implies that they sold at least 13960 ounces for 2019.
Does someone know or can guess how long the mine has been used to extract the bulk sample ? I hope that this is less than one month to be able to meet the revised guidance... If it is not the case i would better understand the recent downward share price.
Anyway 2018 gold ounces sold was announced on the January 16 2019, so the wait should not be long before we get 2019 results...
Bullboard Posts