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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 15, 2023 10:02pm
146 Views
Post# 35449508

RE:P/E Ration

RE:P/E RationWho knows.  Gold miner stock prices don't correlate well to earnings.  If AISC around 1000 usd and 100k oz per year, even a p/e of 10 is a lot higher mcap at current gold prices.  The question is the financing.  I am hoping for a streaming/royalty agreement and not too dilutive.
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