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Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

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 iq4uon May 31, 2024 7:23am
920 Views
Post# 36065868

In the video interview...

In the video interview......Kevin speaks about 3 million ounces of Gold reserves in the interview!

3 MILL ounces of Gold = 9,300,000,000 CAD
AISC 4,290,000,000
300,000,000 Takevover  (CAD 1/share)

cash flow 4,710,000,000

So when Kevin is right with 3 M ounces reserves.
When we calculate  AISC of 1,429 CAD /ounce.
Takeover with 1 CAD each share.

So there will be a cash flow of 4,700 Million CAD.
When the costs will be hiugher then th cash flow will be less.
The drillings go on and so maybe they find more then 5 Million ounces in the ground.

So there is a lot of cash flow to generate.

Now make a streaming contract or make a merger or sell the Goldboro project fpr $1 each share.

Good luck for all of us if cheerleeder or pusher or basher.

We are sitting all in one boat ! ! !
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