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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 23, 2023 7:17pm
91 Views
Post# 35241072

RE:RE:RE:Floatation Plant at Pine Cove

RE:RE:RE:Floatation Plant at Pine Cove<p> I have owned Anaconda previously and made good coin.<br /> Once again, the negativity and the assumption that management have your best interests at heart .</p> <p> Of course , the evidence at hand supports your confidence .</p> <p> You miss my point entirely .<br /> If those who own the company do not take an active role in its affairs and how their well their investment is managed by their employees ( that&#39;s management ), they deserve what they get.<br /> <br /> How was your ROI on that spin out that Kevin unleashed to unfortunate investors 2 years ago ?<br /> Zilch ?<br /> Yep.<br /> <br /> My point is to turn some of our assets over us, the owners of the company.<br /> Enhance the value of Point Rousse by acquiring MAE and unlock that enhanced value by spinning it out to us shareholders with its own management team.<br /> <br /> Spinning out assets that make no contribution to enterprise value is the best way to unlock value .<br /> Doing so directly to shareholders ensures that they receive the full value of that soin out.<br /> <br /> Its being done all the time.<br /> Nothing very complicated .<br /> We even have MAE listing to go along with it.<br /> <br /> Perhaps you may not know it but our institutional investors have been voting against management and leaving .<br /> <br /> Maybe the disaster of Argyle convinced them.<br /> <br /> I don&#39;t recall in full but I believe that management raised about $25 million cad in 2022.<br /> How has that benefited your ROI ?<br /> <br /> How is putting Point Rousse into care and maintenance going to benefit you ?<br /> If they sell it for $25 million will that benefit you any more than the $25 million that &nbsp;they sold parts of our company in 2022 ?<br /> <br /> FFS, wake up..<br /> &nbsp;</p>
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