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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 longagau2on Jun 24, 2021 6:11pm
246 Views
Post# 33448415

RE:RE:RE:Amvest Capital ANX presentation

RE:RE:RE:Amvest Capital ANX presentationKey new info:
1. Institutional investment up to 22%
2. Focus seems to be more on trying to develop Goldboro, (Kevin says currently this will bring best shareholder value - implying not gunning for a takeover right now).
3. Financing won't likely need to happen for a year
4. Goldboro should be shovel ready in mid-2023 (earlier than when I was thinking)
5. Geophysical survey info towards Dolliver Mountain should be done by the end of summer.
6. Strong local support, ongoing discussions with first nations.
7. Gold goes down to 550m, likely even further based on mines with similar geology, but downward drilling will wait until pit is more developed and distance and expense to drill is a lot less
8. Full PEA will be out before August 7.
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