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Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

Signal Gold Inc. is a Canada-based gold development and exploration 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 in Guysborough County, Nova Scotia, approximately 175 kilometers northeast of Halifax, comprising an exploration license area of over 27,200 hectares (272 km2). The Project is subject to a positive Feasibility Study which demonstrates an open pit life of mine (LOM) with average gold production of over 100,000 ounces per annum. The Company also operates the Tilt Cove Project, a prospective exploration-stage gold copper project located within the Baie Verte Mining District, Newfoundland, with approximately 15,000 hectares of prospective mineral lands and 35 kilometers of high-potential strike length including the Nugget Pond Horizon, a geological unit that hosts the past producing high-grade Nugget Pond Mine.


TSX:SGNL - Post by User

Comment by DoumDiDoumon Jan 24, 2023 11:50am
87 Views
Post# 35242442

RE:RE:RE:How to Proceed with revitalized Point Rousse

RE:RE:RE:How to Proceed with revitalized Point Rousse
nozzpack wrote: Once again, shoot the messenger not the message.
MAE shareholders don't have a viable economic project right now in the absence of $75 million funding .
Why wouldn't they want a viable chance to make money on their investment ....as they keep reaching up to touch bottom.

Hey, I'm not shooting you at all.  I'm just saying that you assume that MAE shareholders will accept your scenario without resistence. 

As I said, I was quite active in trying to convince them for the last 3 years that the best thing was a merge with SGNL. There was some that agreed but there was a lot of resistence too. So I think, if you want to give some support to your spin out proposal, that you should ask MAE shareholders if it makes sense for them too. Without their agreement and Hammerdown feed for Point-Rousse, your scenario is not working.

Good luck.
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