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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

Post by shiftyoneon Mar 02, 2023 7:12pm
117 Views
Post# 35316385

financial report....

financial report....I just glanced.... and no matter how many times I read it...I'm no accountant.

Financial Position and Cash Flow Analysis As of December 31, 2022, the Company had cash and cash equivalents of $9,251,062 and a working capital deficit* of $4,556,223. "

Does that mean that at Dec 31, when they told us they $9 million dollars that was true.

But when you add in bills... they were at negative 5 million?

The MD and A should be out any minute.  Not quite as pretty as it sounded when they announced that they had 9.2 million in cash as of Dec 31 in the release January 31
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