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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 shiftyoneon Nov 20, 2023 1:54pm
98 Views
Post# 35744799

RE:RE:RE:Yep, that was the financing...

RE:RE:RE:Yep, that was the financing...We are overdue with drill results BUT when they released drill results or any other positive NRs in the past in this period of the year, it did not help the SP moving north at all...
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DDD, I don't recall saying that .125 was the floor.  I said that I expect that to be tested again.  Perhaps it is the floor.

The trading last week may or may not have had anything to do with the pp.  Todays release stated that there was a lot of institutional interest.  For the average Joe, selling at .13 to buy into a pp at .15 makes little to no sense.

As for releasing results, unfortunately there is a bit of a gray area.  But if they have results it is difficult to wait too long to release them.  As they are material to shareholders.  Whether it is a good time of year or not.




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From Tsx.com disclosure


If the company releases partial results, e.g., the first two holes of a six hole program, it must ensure that the balance of the results are disclosed in a timely manner whether the results are positive or negative. Where possible, the company should provide information in table form for ease of understanding and publish maps, plans or s
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