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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

Post by longagau2on Dec 22, 2021 10:57am
223 Views
Post# 34254402

What about royalty or streaming?

What about royalty or streaming?
I've heard a lot of discussion about debt and equity financing for goldboro. If Point Rousse pumps out 30 million per year profits (as is very possible if they are putting the higher grade material shown at argyle and stoger tight through the mill) and these can be used for funding goldboro development in combination with debt, that of course would be ideal. We do have an advantage in that the big financing will not be needed right away and anx can wait a bit before going for financing. This would hopefully allow for the share price to be up higher before equity dilution is contemplated. However, I have not seen much discussion on royalties or streaming. It seems like it would be a good idea given goldboros life of mine should be in decades and costs low. What are the advantages and disadvantages of royalties or streaming for anx? Is there something that I am missing for why this is not being talked about? Thanks.
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