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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 nozzpackon Jan 12, 2023 1:34pm
143 Views
Post# 35218946

RE:RE:RE:RE:RE:SGNL at 0,35$ ????

RE:RE:RE:RE:RE:SGNL at 0,35$ ????I post according to my information flow and will adjust if new information contradicts or advances that information .
I posted two recent research reports which I stated to be fine analyses.
I also posted several potential partners for Point Rousse .

I am not aware of any evidential gas lighting .

For a $300 million Capex for Goldboro, a contribution of $40 million via the sale of  Rousse won't boost the share price anything signifucant .

Afterall, the asset is gone replaced by the cash....essentially zero gain in net asset value.

Spinning that asset out to Company/ shareholders on a 25/75 ratio to the company and shareholders 
retains 25% of the value to the parent company while we get a real boost in our net worth .

In addition, there is signifucant future cash flow potential in Point Rousse which can be used to self fund our advanced Projects and perhaps even uncover one or more sattelite pits.

That cash flow will also boost the value of Point Rousse.

Value based Spin outs unlock that hidden value .
They enhance shareholder net worth .
That is a fact.

Kevin Knows this as SailFish was a spin out of  Mako.
And he mentioned a spin out in his November Presentation.

Whats there not to like.



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