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Signal Gold Inc 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

Comment by iq4uon Jan 16, 2024 8:48am
253 Views
Post# 35828566

RE:RE:RE:RE:Why not a buy out?

RE:RE:RE:RE:Why not a buy out?To my 5 $ expectation happened our great management!

They did not tell us in time that the gold production of Pine Cove would be shut down.
They told us that with the help of the Pine Cove mill they try to built up the Goldboro mine without further dillution. Then the share price was around 1$  in summer 2021.

This would have be the time to sell our shares!!!

But they did not tell us and so now we have the desaster.
Why did the lie to us?

The let us in the belief that Goldboro would come with almost no dillution by generating cash flow from the ongoing gold production.

Now I think we should have a buy out!

This management is not any longer worth paying it!!!

Can we shareholders find a company to buy us out?

IQ

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