Signature Resources Ltd V.SGU

Alternate Symbol(s): SGGTF

Metals & Mining Gold

Signature Resources Ltd. is a Canadian advanced stage exploration company focused on expanding the 100% owned Lingman Lake Gold deposit, located within the prolific Red Lake district in Northwestern Ontario, Canada. The Company is focused on precious metals. The Lingman Lake gold property consists of approximately 1,300 staked claims, four freehold fully patented claims and 14 mineral rights patented claims totaling approximately 24,761 hectares. The property package hosts multiple regional gold discovery potential. The property is situated in the Lingman Lake Greenstone belt consisting of a complexly folded assemblage, of mafic metavolcanics, felsic metavolcanics and metasedimentary rocks.

TSXV:SGU - Post by User

Signature Resources Ltd > $10 000/ oz.

<< Previous

Bullboard Posts

Next >>

Comment by Alex1726on Dec 10, 2020 12:00pm

118 Views

Post# 32077100

RE:RE:RE:RE:RE:$10 000/ oz.

I also read that a reverse split coud be done , but so what. It' a no brainer that they'll need to issue more equities. It has not been proven yet by a 43-101 but there is at least over 234 000 oz of gold and more importantly it is a high grade deposit , average of 6,8g Au/t

With a market cap of $24M there is a lot of upside.

Don't worry about a reverse split

<< Previous

Bullboard Posts

Next >>

How one company is disrupting PoC testing