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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

Comment by Lotharon May 12, 2023 12:05pm
134 Views
Post# 35445578

RE:RE:RE:RE:Pure Speculation

RE:RE:RE:RE:Pure SpeculationThe realistic number I came up with is $0.75 and I'd take $0.60 tomorrow. That being said, if they can tack 1Moz underground into the reserve category that would double my fair market price to $1.50 and any other additional reserves added I would value at $150/oz...so plenty of upside but the fact of the matter is the market sucks for developers right now.
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