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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 yhzsailoron Jun 21, 2023 11:18pm
1505 Views
Post# 35508419

RE:RE:Mine will never be built by Signal

RE:RE:Mine will never be built by SignalI for one am happy to finally see us drilling between the old Boston Richardson mine and over to Dolliver mine. I pored over all the historic data for months about 10 yesrs ago- I'm convinced there is gold in that hill and between. The historic record is convincing and is almost the same as the BR mine.

Buyers will, of course, want the resource to be as big as they can get, but they also value and will pay a premium for a turnkey project. One where the environmental assessments, industrial permits, financing, mine design,  workforce and construction under way or complete.

The trick is to have both a product of interest for the buyer, and to make it easy and attractive for a buyer to acquire the product, and to do all of that before you run out of money.

Also, it's highly likely the short-list of buyers is known, and what they want to buy is also known.

We jettisoned assets that aren't needed and or wanted - making the acquisition easier.

My view is we're on track for the first time in a long time.


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