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Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

Signal Gold Inc. is a Canada-based gold development and exploration 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 in Guysborough County, Nova Scotia, approximately 175 kilometers northeast of Halifax, comprising an exploration license area of over 27,200 hectares (272 km2). The Project is subject to a positive Feasibility Study which demonstrates an open pit life of mine (LOM) with average gold production of over 100,000 ounces per annum. The Company also operates the Tilt Cove Project, a prospective exploration-stage gold copper project located within the Baie Verte Mining District, Newfoundland, with approximately 15,000 hectares of prospective mineral lands and 35 kilometers of high-potential strike length including the Nugget Pond Horizon, a geological unit that hosts the past producing high-grade Nugget Pond Mine.


TSX:SGNL - Post by User

Post by DoumDiDoumon Jan 22, 2024 12:59pm
121 Views
Post# 35839209

For Shifty: GDXJ and Weekly Stats

For Shifty: GDXJ and Weekly StatsShifty:

DDD,
you made a quite an effort to explain to me why the GDXJ comparison is not relevant to compare to SGNL.  Thanks for that.

How come in so many of your weekly stats, when you are talking about SGNL shareprice action for the week, you also share the GDXJ weekly action.

Is it relevant to SGNL or not?

If it's not, as you so convincingly state, why do you always include it in the weekly stats?

Just for you Shifty as I think all the others on the bullboard understand, I include GDXJ for getting a feeling about junior gold mining markets trend. Just FYI, I also include GDX for the "seniors" (higher market cap companies) and I also put the Gold price. All this to get a feeling about the macro factors so we can get the context. Heck, sometimes I also include the $US in the weekly stats.

P.S.: I will not answer a question that surely popped in your mind : "DDD, why are you putting the Gold price in your weekly stats?" I will let you figure out.

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