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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 Jul 08, 2024 2:50pm
451 Views
Post# 36123188

RE:RE:RE:RE:calm before the storm

RE:RE:RE:RE:calm before the stormAgreed very painful to watch and wait with no info from management regarding permits and BMO Capital progress.

last note I received from managment was this... when asking about BMO and permits...

"the process is ongoing, I cannot obviously provide any further details beyond that at this point. I remain confident we will find a way forward for Goldboro. There is definitely progress on permitting, however It is very much a challenge being based in Nova Scotia."

Will continue to hold...so painful tho...I don't even think good drill results will do anything for the stock price.

Whey have they never updated the resources for this deposit...it has been a long time since we had a resource update and there has been lot n lots of drilling since.  I am sure they have an internal number that they can share to show that we have more than 1.1 million in pit reserves.

As I have said before, anyone with underground gold deposit knowledge will see the potential for 5 million ounces plus of gold here...the pits are just scratching the surface of this deposit.  I am sure someone is nibbling at the Signal line...lets hope for a Joint Venture or some non dilutive solution to the 10 cents a share pain.

holding strong
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