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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 GrumpyInvestoron Jan 06, 2022 6:47pm
139 Views
Post# 34291076

RE:RE:RE:Management Will Be Busy This Late Winter And Spring...

RE:RE:RE:Management Will Be Busy This Late Winter And Spring...
DoumDiDoum wrote:
Grumpy, if we had the "exploration" phase, it was a small one!  Perhaps you are right, Point-Rousse disappointing last year thus preventing us from my 1.50$ target (that would have been a real exploration

frenzy).

As for 2022 being "really" exciting, one thing I learned from last year is to keep calm and wait as I thought 2021 would have been a "really exciting year and we closed the year with only a cent more than it opens.  But I have the impression that the coil spring can no longer be push down... so you might be right!

GLTA


The way I see it, there was a little exploration by Orex a long time ago, mainly when Osisko got involved. Then it went to sleep until Anaconda really took things seriouly to prove up a nice reserve. The very long "exploration" phase ended with the release of the revised ressource estimate in March of 2021. After that, it's clear that we had entered the "feasibility" phase wich consist of working towards a PEA and FS. When you look at the Lassonde curve, that period is usually marked by a major pullback of the share price. That seems odd because we are getting closer to production, but that's the way it almost always plas out. The good news is that the next phase is the "development" where the price can really take off as we get closer to the startup

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