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Signal Gold Inc T.SGNL

Metals & Mining Gold Industrial Metals & Minerals
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

Signal Gold Inc > Question for the board
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Comment by longagau2on Dec 30, 2020 3:00pm
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Post# 32199001

RE:RE:Question for the board

RE:RE:Question for the boardIn addition to DDD's reply, I would add that simple profit taking is also involved.  The millions of January 10 warrants are priced at $0.45.  They can be exercised and then sold on the market for $0.62 today and therefore for a 35% profit immediately.  If any of the holders are not interested in ANX for the long term, that is a big incentive to exercise the warrants.  
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