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Signal Gold Inc ANXGD


Primary Symbol: T.SGNL

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 Feb 16, 2023 10:23am
87 Views
Post# 35289723

RE:RE:RE:US$21.0 Million Financing

RE:RE:RE:US$21.0 Million Financing

We are now $40 million in debt and diluted by another 15 million shares.
SN knows something that most don't know.

Why did they not seek a sale of the NL assets much earlier which would have made this debt added on debt unnecessary .

And what a waste of time Yesterdays webinar was.
Reading off their corporate presentation and rationalizing the debased share price on Algos.

Yeah right.
How about a string of negatives including yet again another production miss at Point Rouge.

So, management are now comfortably enscounced in their salaried jobs for another year or two.

And pricing looks good for their optiins at 25 cent options at the May AGM..

 

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