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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

Comment by longagau2on Jan 05, 2023 10:50pm
143 Views
Post# 35206079

RE:January 2023 Corporate Prexentation

RE:January 2023 Corporate PrexentationIf they get that much for nfld assets it would almost serve as the collateral for the loan to develop Goldboro.  I'm not as optimistic that they will get that much, especially considering sgnl market cap is only 76M.  I do agree nfld assets SHOULD be worth that much though.  It might make more sense for a company interested in nfld assets at that price to just buy out sgnl entirely, along with MAE.
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