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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 160kon May 26, 2023 1:03am
180 Views
Post# 35465186

RE:Why is the price down so much on a million shares?

RE:Why is the price down so much on a million shares?The short answer to your question is simply that they are not producing...I.e. no cash flows...just share value dilution until which time they arrange project financingfor Goldboro.  Very small volumes probably by amateur kids playing the market instead of actual investors...there is a difference you know.  There is no confirmation of "drilling" except for exploratory drilling west near Dolliver Mountain area.  There is a lot BS on these boards  I.e. the shareholdings that are often listed....people exaggerate you know!  Be patient.. it's a virtue..
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