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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

Post by DoumDiDoumon Nov 10, 2023 10:16pm
266 Views
Post# 35729820

15 cents... My Theory

15 cents... My TheoryLet's see if that dumping goes lower than 15 cents. If it does not, perhaps it means that a PP offering is in the making and that the price will be at or near 15 cents . We have seen that kind of dumping in the past when PP was offered as sellers can buy back shares but will swoop some warrants in the process.

The risk is that they might lose some gain if the SP goes a bit below the warrants price but unless gold is flying to the moon in the coming weeks, I guess it might worth it.
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