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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

Post by DoumDiDoumon Jan 18, 2023 10:47am
133 Views
Post# 35230547

Recent Additions To The Bullboard

Recent Additions To The BullboardSeeing newly joined members lately saying that they have a position in the company but seeing them bash the management is kind of weird. What is their agenda? Trying to discredit management before the AGM? And for which purpose? They think that a change in management at this point in time will be good for the company now that we are working on a financing and engineering the development of Goldboro? 

They say that they do not work "enough" for the company. How about the PEA/FS/EA process they went through in the last 18 months? How about adding 2M ounces to the resource since they joined?

Their timing for jumping within the discussion, just before we might get some juicy results, is making me ponder about their real motives. Are they here for a pump and dump strategy? Or to "try" spooking new investors in order to keep the SP low (noticed the 100K walls being set since they are here) so that the cheap financing they are announcing will be possible or someone can cumulate shares at the lowest price possible (thus asking for liquidity). Are they working with shorters (or shorting the stock themselves) or helping someone to take control of the company?

One thing positive though is when we start seeing that kind of "saviors/bashers", this is usually a sign that someone is quite interrested into the story. They want to have our shares as cheaper as possible. One good point too is that they do not have a lot of topics to bash about so they have choosen management and the promo side. Obviously it's not working and let's hope they will just go away in 2 weeks from now. In the mean time, clanch on to your shares so as we do not give them the liquidity they desesparately want.

P.S.: It's quite interresting to read through the posts of these new members on other bullboards as it provides an idea about their motives.
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