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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 SgtFridayon Jan 26, 2023 8:22am
137 Views
Post# 35247223

RE:RE:Shorts Increased During The First 2 weeks Of January

RE:RE:Shorts Increased During The First 2 weeks Of JanuaryJust a question. Ever notice when the bashers come out? And just enough shorts according to volume? If you were an institution, and knew Sgnl was going to need to raise money, via PP...say $5M-$10M. How much would it cost you to depress a share price vs. what a discount you would get to purchase $5-10M in shares? And possibly warrants? Just in todays $, if Sgnl can make $500 gross profit per oz. then 3M oz (I Believe 5M+)... then without doing anything the property is worth at least 1.5B (do your own math, not much thought went into calculation). Just a question.
Nice try to those trying to keep us down. Really, my break even is $1...waiting 10+ years, so I can sell for $1.30 (when worth $6+ IMHO)....I Don't Think so. The bashers are here to stay until we start raising money or get offer. Worth Millions to those at play. Create a little doubt for shares in weak hands.
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