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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 GrumpyInvestoron Jan 18, 2023 10:20pm
98 Views
Post# 35232208

RE:RE:RE:Remaining Resources for Argyle Deposit

RE:RE:RE:Remaining Resources for Argyle Deposit
shiftyone wrote: "The new company would have no cash, no way to generate cashflow, and probably could not raise significant money in a financing. That company would probably go bankrupt real quick, or be an easy target for a lowball takeover ..."

Is that signal you are talking about?  Because if they don't get the share price way up before they do more financing that is what will happen to them.

Hey, seems like I hit a nerve !

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