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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 DoumDiDoumon Jan 15, 2023 10:12pm
120 Views
Post# 35224697

RE:RE:RE:RE:How to Raise Equity Capital without Diluting Shareholders

RE:RE:RE:RE:How to Raise Equity Capital without Diluting Shareholders
nozzpack wrote: It seems like the few shareholders in this Board are intractable to any changes in the current situation in which there is continous dilution of equity at prices well below fair value and well remain so in the absence of peer level brand promotion because management knows that they have a pacified shareholder base whose disunity makes any challenge to them unlikely.

Value is useless unless it is unlocked.

It will be at least until 2026 until you see the first production from Goldboro.
In the interim, we have no cash inflows except debt and much more dilution .

In the last four years, Signal's post consolidated share price has dropped from .46 to .36 currently.
This, despite substantial advancement in Goldboro's asset value.

Its your money that has taken this beating.
Yet, you accept that continued and unalterable patience will eventually make you a winner.






Wow, I'm wondering why you put your money in this company if we are in a "soooo" desparate situation!
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