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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

Post by iq4uon Feb 17, 2023 7:20am
200 Views
Post# 35291550

My Thoughts About The Webinar And Today's News

My Thoughts About The Webinar And Today's News
Post by DoumDiDoumon Feb 16, 2023 9:43am
76 Views 
Post# 35289556

My Thoughts About The Webinar And Today's News

I finally got time to watch the webinar this morning and well... nice job Kevin and Rob. Thanks for having posted my questions (I heard Deb read some of them).

Really, in my opinion, Kevin and Rob were transparents and answered the questions in a really professional way. They demonstrated that they are on top of their files and that they are dedicatied to develop Goldboro and are working for shareholders' interrests. 

Some posters thought that they were working to bring the SP down on purpose. The news this morning about getting enough money for the next 2 years, with limited diluation, shows that they are resourceful. This credit facility will give enough time to sell/get the most value out of Point-Rousse and will postpone the need for going to the equity market for drilling programs money if the share price is not where it should be.

They confirmed that they will be buying alongside shareholders when they will be allowed too. We can read between lines here... they have material change information and cannot currently buy. I do not think that this morning's NR was the material change information, so I guess they will not be buying yet.

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