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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 > Happy Hour: with KD ..... gotta love Physical
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Comment by longagau2on Feb 26, 2021 1:01pm
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Post# 32672158

RE:Happy Hour: with KD ..... gotta love Physical

RE:Happy Hour: with KD ..... gotta love Physical
Basically ANX an ounce of gold in the ground for every 50 shares right now, and probably one for every 25 when they do more exploration. Assuming it takes 3 ounces in the ground to pay the costs to get one out of the ground (its much closer to 2 to 1 right now), that means 75 to 150 shares of anx per ounce of gold out of the ground, or paying somewhere between 55 to 110 bucks CAD per ounce out of the ground by buying anx shares. Much less than the premiums on buying an ounce of gold right now for 2350 CAD.
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