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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 Lotharon May 11, 2024 12:43pm
655 Views
Post# 36035247

May Presentation

May PresentationAt least the latest deck notes:  "At a CAD$3,000 per ounce gold price, lower than the current market price, the project would generate 
incremental revenue [NPV5%?] of over C$880 
million"

Once (if) this project is fully permitted, it will present a low-CAPEX turnkey growth opportunity in a precious metals bull market for a scrappy junior or mid-tier producer.

Just reiterating my old opinions as it's quiet here. Anticipating base case +70% soon.

-L
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