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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 longagau2on May 10, 2023 12:10pm
103 Views
Post# 35440921

RE:In October the POG was 400 USD lower!

RE:In October the POG was 400 USD lower!Starting the mining and milling again takes hiring back a new workforce.  As the people working on pointe rousse before were skilled workers they have now likely moved on to other jobs.  Contract milling for other miners should definitely be something they look into doing if a sale of the pointe rousse assets does not happen soon. 

I do agree that, if they can get some sort of long term contract to sell the gold at a good price over a 1 to 2 year period, it might make sense to give stoger tight a go.  It will just be a challenge to get a staff together right now.   It would be a very different discussion if we get up to 2200-2400 usd levels.  
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