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Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

Signal Gold Inc. is a Canada-based gold development and exploration 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 in Guysborough County, Nova Scotia, approximately 175 kilometers northeast of Halifax, comprising an exploration license area of over 27,200 hectares (272 km2). The Project is subject to a positive Feasibility Study which demonstrates an open pit life of mine (LOM) with average gold production of over 100,000 ounces per annum. The Company also operates the Tilt Cove Project, a prospective exploration-stage gold copper project located within the Baie Verte Mining District, Newfoundland, with approximately 15,000 hectares of prospective mineral lands and 35 kilometers of high-potential strike length including the Nugget Pond Horizon, a geological unit that hosts the past producing high-grade Nugget Pond Mine.


TSX:SGNL - Post by User

Comment by Dipdipon Aug 02, 2021 1:02pm
222 Views
Post# 33640008

RE:RE:Another Taylor Dart article on Seeking Alpha

RE:RE:Another Taylor Dart article on Seeking Alpha

I think 15 million US valuation for Newfoundland assets is out to lunch .
Then discount it 45% . Operating mill, tailings pond, I think cash flow of approx 15 million Canadian last year , potential development of Stog'er tight , etc etc . Sure they had some issues transitioning to argyle , but that should be behind us now. My 2 cents .

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