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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 DoumDiDoumon Jan 04, 2023 6:34pm
117 Views
Post# 35203852

RE:RE:RE:RE:RE:3 Jobs and Mine Financing Soon

RE:RE:RE:RE:RE:3 Jobs and Mine Financing Soon
nozzpack wrote: The financing will come long before mine construction begins.

Many lead items will require to be sourced and ordered in advance and contracts let for various facilities like power and other infrastructure items .

None of this can proceed without secured financing .
This will take many months to  coordinate all of the logistics and installation services.
So, mine construction in 2024 will need approved financing at least a year in advance..




Yep, makes sense. But I think in the video with Crux, Kevin made it clear that we might not have financing early in 2023. Anyway, things change.  But I would like to see the SP much nearer to a buck before we finance this project!
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