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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 shiftyoneon Dec 03, 2023 9:49pm
194 Views
Post# 35766381

Hey 160 K

Hey 160 KI may be wrong but I am quite certain that the previous all-time high for gold was actually $2,075.00/oz USD quite some time ago. On the COMEX gold was quoted at $2091.70 +$34.50/oz USD after hours on Saturday

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You are using the american dollar as the standard.  If you use bitcoin as the standard, gold is actually quite inexpensive now.  The gold standard.... well there are a lot of different currencies involved.  Not just the US dollar which could very well weaken when they begin to reduce interest rates.  That could be good for gold in terms of US dollars, but perhaps not so good for other currencies like Canadian dollars.  So the US dollar price could go up, but the Canadian dollar price go down.  You can't look at it in such a microscopic way.  In terms of digital currencies (where much speculative money is going), the price of gold is down 50% in the last year.  I can't do it all at once, so now I will look at your past posts.  Don't pick on DDD  :)
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