Signal Gold Inc ANXGD

Primary Symbol: 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.

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Signal Gold Inc > Example of GREAT NEWS released on a BAD MOMENT

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Comment by GrumpyInvestoron Sep 01, 2022 1:07pm

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Post# 34935853

RE:Example of GREAT NEWS released on a BAD MOMENT

DoumDiDoum wrote: Marathon Gold, which is a company I follow and use as a comparison with SGNL, released today big news: Marathon Makes Construction Decision for the Valentine Gold Project and Provides Project Development Update.

The Valentine mine is a go. Look at the market reaction: SP goes down 14% with volume.

Timing is a big element in good promotion when you can afford to choose the right moment. Let's wait for a better context to go "all in" with the promotion for "THE BEAST".

GLTA

Hi Doum,

You are right about the "bad moment" part of your post, but I'm not sure about the "great news" part. The fact that MOZ is committed to building the mine is good, but the fact that the CAPEX has increased by more than 50% is not that great.

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