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Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

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 DoumDiDoumon Apr 01, 2021 11:06am
132 Views
Post# 32922650

RE:RE:Pre-market level 2

RE:RE:Pre-market level 2
GoldNHill wrote:
I just picked up another chunk of shares this AM...thought I had enough, but with the pending PEA coming, I could not think of a better spot in the market for a quick return.

Congrats!  I will be a buyer too if this goes below 75 cents.

GoldNHill wrote: Anyone have the stat on Atlantic Golds cost per ounce...it was good as well. 

Their last annual report said it was AUD$927/oz, meaning around US700$.

GoldNHill wrote:
They were producing 95,000 ounces per year at over 5000 tonnes per day I believe...1.4 g/t.  ANX will produce a bit more gold per year, probably a bit less tonnes per day but the grade ladies and gentlemen is a STELLAR 2.86 g/t.  The economics will be FANTASTIC...thus another purchase today.

Goldboro is 5 times bigger than Atlantic Gold Touquoy and twice the grade - **HELLO - HELLO**

Yeah like we say... ANX is a NO BRAINER! ;-)

GLTA
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