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Signal Gold Inc T.SGNL

Metals & Mining Gold Industrial Metals & Minerals
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

Signal Gold Inc > Insider Trading
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Comment by DoumDiDoumon Feb 14, 2022 7:44am
138 Views
Post# 34425483

RE:RE:RE:Insider Trading

RE:RE:RE:Insider Trading
GrumpyInvestor wrote: Like you, I really don't like to see insiders selling shares. But, if JF wants to exercise his 250K of 24 cents options, I think he would need more than $60K to finance that. I think he has to account for income tax on the gain between the exercise price (24 cents) and the present FMV (86 cents). That's a gain of more than $150K !


Yeah, that might explain why he is selling more than the options' value.
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