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Signal Gold Inc 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 longagau2on Jun 23, 2021 1:30pm
157 Views
Post# 33435047

RE:PEA numbers

RE:PEA numbers
yep, I was wayyy off on IRR and capex. Short term opportunistic takeover numbers now seem in the 2 to 3 dollar range. With this reaction and the very conservative nature of the PEA, ANX will be much better off continuing towards development and further exploration of goldboro and tilt cove. Even at these numbers, with current gold price, ANX is making EBITDA of 100+ million per year starting up in about 3 years.
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