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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 GoldinMind123on Jan 31, 2023 10:31am
129 Views
Post# 35256604

RE:RE:RE:RE:Q4 results

RE:RE:RE:RE:Q4 resultsDoumDiDoum,

I don't know if the timing is right to oust the management team right now. My only shred of hope is that their background is advancing, financing, and building projects. Right now all that's left of Signal Gold is Goldboro. Advancing and financing it is supposedly their strength. Let's hope they have that left in them. That said, if anyone is serious about their investment here, they've got to be on an extremely short leash.  

Kevin became CEO in 2019, I don't believe they hit guidance once since then. Signal has been talking about becoming a 150,000 Oz producer in 3-5 yrs, for forever now. In a couple of months it will have been Kevin's show for 4 years and now they'll be exactly a 0 Oz producer with significantly impaired NL assets.

I also don't think they've done any favors to their image in Atlantic Canada in the last few years. At one point Anaconda was a good news story which for sure helps in Atlantic Canada.  

This lifestyle train is about to come to a grinding halt if they don't start executing. 
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