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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 VillaManyaon Jan 19, 2023 12:12pm
113 Views
Post# 35233401

RE:RE:RE:Pine Cove Mill is Closer to HammerDown than Nugget Pond

RE:RE:RE:Pine Cove Mill is Closer to HammerDown than Nugget Pond.....as I said, it 's viable but only if the overall cost of processing at PC is significantly/materially lower than at HD.  Otherwise it'll cost Maritime more to use PC.
SGNL need to make a decent margin to cover not just running costs but also depreciation, wear and tear etc etc etc.  SGNL would also need to recover a significant sum for filling up of the tailings ponds etc which are currently a non-cash item/sunk cost at HD.
I can't see it working at all once you complete running the slide rule over the whole thing.
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