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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 GoldNHillon Nov 11, 2021 7:44pm
168 Views
Post# 34117583

RE:Marketing

RE:Marketing
We had a tough few quarters of Argyle production. Did not help, but the next several quarters are supposed to be back on track with record production dovetailing with rising gold prices. Profits will be in record territory but not giant dollars as compared to most producers (our general issue). Extra production cash goes to drilling pit 3 in Goldboro and partially financing Goldboro which will probably be 60% debt financed as Kevin recently mentioned. Production at Point R is small potatoes in the big picture, so does not attract too much attention. Goldboro is the prize worth waiting for. Keen to sit back and watch gold fly and gold miners come back in favor, it will be THE place to be in a rising inflation environment. My 2 cents
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