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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 Feb 05, 2024 9:30pm
199 Views
Post# 35864437

just one more question

just one more questioni'm going by memory so could be wrong here.

But when they borrowed all that money at crazy interest rates.  Did they say at the time they planned to pay it back in the coming fall when they raised money for the construction of the mine?

I might be crazy but I think that they said something like that.

How could they have expected to raise money to build a mine, when they hadn't even submitted some of the approvals they would need to build a mine.  They only submitted them in August or so.

You can't raise hundreds of millions for a mine when you don't have the approvals.

So, am I dreaming, or did they really say that?
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