How could the management sell the mill?Anaconda was producing Gold for more then 10 years!
After a declining Gold price after 2011 Anaconda was producing Gold all the years.
Now that we have the highest Gold price ever Anaconda/Signal is standing without the mill.
With the mill, I would bet the share price would be something higher than it is now.
Maybe a multiple but the mill has gone.
New investors see that the price each share comes from above 1,00 CAD and felt to 0,10 CAD now.
This keeps new investors away. One good thing would be buying investors or a buyin confident management. But how should new investors be confident if even the managemant dos not buy at these cheap levels? If insiders buy for several hundred Dollars this means nothing.
I bought another 100k of SGNL shares for my own but it is rediculous that insiders don't.
Kevin we need some action concerning the financing of the Goldboro project.
The calculation was with 1,600 USD an ounce of Gold.
Now we have 550 USD more each ounce of Gold.
So with 3,000,000 ounces this means 1,650,000,000 USD more for the company.
OR: 2,227,500,000 CAD
So please stop drilling holes for now and start with earning money or at least with financing the project. Now is the time. There will never be a better time then now!
Too many years have gone by with Anaconda/Signal
Start to take advantage of the fabulous Gold price we have now!
Investors wait for your sign! Your the captain, start the engine!!!
IQ