Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by naru15on Jan 09, 2024 11:38am
281 Views
Post# 35817452

0.10 comes quickly

0.10 comes quickly
These are good results for Kevin.
That's why he bought a lot of shares for $500 in December. I think he's just fooling investors with these purchases.
He receives a high fee for his work from Signal Gold. A CEO of a small gold mine would like to have that kind of salary.
 
I think these results are bad - you can also see it in the share price.
0.115 is a new low.
Signal fell 60% last year and is down almost 15% again this year.
So the trend continues - just faster.
Since the money runs out with the transfer of the managers salaries:
I think financing at 0.10 is out of the question.
A gold production facility is a dream.
There are not enough financial resources for this. Nobody wants to invest here.
 
Gold is holding up quite well above $2,000.
As has always been said here: At a gold price of 2,000 we will leave the dollar behind per share.
The opposite is the case.
I think the lights are going to go out here soon.
<< Previous
Bullboard Posts
Next >>