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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

Post by shiftyoneon Apr 04, 2024 2:49pm
245 Views
Post# 35970987

It will be very interesting what they sell..

It will be very interesting what they sell..and first off...I asked you all last week not to run the price up.  I wanted and still want to be an owner when it sells.  But you are all making it much more expensive :)

What happens if they just sell the Goldboro project on it's own?  Say from another company who already has a stock listing.

But they keep the SGNL listing and their Tilt Cove project NFLD.
What would happen to the proceeds of the sale?  Obviously the debt would have to be paid.  But would the rest of proceeds be given to shareholders, or would SGNL be a litsted company, with Tilt Cove and possibly looking for other projects, who had no debt and xx million dollars in the bank.  With the same management?
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