Signal Gold Is Back To Making Careless Mistakes Looks like Signal Gold is back to making careless mistakes, including shutting down their mines along the Baie Verte Peninsula area and not takinga advantage of high gold prices and lower loonie, and now they are back to relying on private placements for financing as opposed to debt which involves tax savings and lower required rate of returns (weighted average cost of capital).
Now investors are going to pay a price for their missed opportunities.
Makes me glad that I didn't vote for Kevin Bullock during their recent vote.