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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 speckyon Jul 16, 2024 6:26pm
861 Views
Post# 36135726

RE:SGNL Senior Management

RE:SGNL Senior Management

I've been watching this project since I was a child and placer  dome gave it up... then osisko gave up... the gold is there there's no question about that. The feasibility was positive.. I think there's a few issues here... for one thing even though we hate dilution I think shares would have been better than debt.. debt is ok when you actually have a short term situation and you have an actual date in the future with legal agreement for mining or sale or joint venture or streaming or whatever the case.. Here we are with potential sharks at the door waiting to exert their muscles and buy on the cheap.. 
  we have a gold mining company in Nova Scotia... other than that what majors with production happening have expressed interest in mining in this province. Why not?
  Ns gold mining mostly vein mining has gone bust more than not. Australia has interest and can make money here , especially adding in open pit and price of gold? Will hold hold at these higher levels? Maybe the provincial government should be spending more time in this area and enticing producers.. We need competition 

 

  

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