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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

Comment by GoldNHillon Apr 12, 2024 10:21am
994 Views
Post# 35985489

RE:0,61% of all shares...

RE:0,61% of all shares...I suspect if there are folks reviewing their data to potentially make a deal with Signal, the insiders would all NOT be permitted to buy shares on the market if wheeling and dealing is happening.

Interesting note...I was on my mineral claims north of Goldboro on Tuesday past and what did I see in the sky.  A small airplain flying very low with an odd instrument sticking out the back.  The plane was flying north-south not too high above the tree line.  Each pass the plane was 100 meters or so further away from us.  Very obvious it was Signal Gold finishing up their airborne geophysics which they will be sharing with us.  Yes they did ask to fly over several of our mineral claim blocks.  It is way easier for them to flyover our claims then to have the plane fly such that it avoids the claim area not owned by Signal or for the company producing the geophysics data to chop off the data they give to Signal for just thier mineral claim block areas. Signal get to see what we have, we get free data...but they get to see the regional view....so win - win situation.

I suspect Signal will have their final geophysisc images in a few weeks...looking forward to reviewing the new dataset for Signals regional view of the Goldboro North area as well as our claim blocks which are scattered in and amongst Signal Golds mineral claims to the north of Goldboro.  The data sets will include magnetics and very low frequency (VLF).  Will be interesting to see how much more refined the datasets are compared to existing datasets produced by the government several years ago.

Give us a sweet deal Kevin/Rob n Paul...price of gold should be making negotions a bit more favorable to us shareholders.

I suspect that gold will probably not ever go back to $USD 2000 and will start to consolidate hopefully somewhere in this range...still lots of unknowns with interest rates and still slightly rising inflation...LOTS of central bank buying and China in a bit of a flight to saftey situation which also bodes well for gold not tanking in the short-term at least.  Uncharted territorys so who know what will happen.
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