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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

Comment by GoldNHillon Feb 08, 2021 12:32pm
152 Views
Post# 32501723

RE:RE:RE:Funds

RE:RE:RE:FundsThere are some institutions in now, just do some DD and check the company's website...more intense buying will happen with the resource estimate is published this quarter...I am looking for 1.8 million ounces maybe even 2 up from the previous publication of 1.4 million due to vastly expanded size of proposed pit and lower cutoff grades to be used as a result.
Biggest splash will come with the BIG Milestone when the Feasibility/Economic Study comes out later in the year...that will define IRR, size of Goldboro mine and cost to build.  IRR will be fantiastic and this deposit will easily be funed especially if gold flies to 2400+ like many are saying it will this year or next.

good luck...ground floor now...IMHO
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