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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 shiftyoneon Aug 01, 2024 7:21pm
322 Views
Post# 36159496

RE:RE:Financials due soon?

RE:RE:Financials due soon?GoldNHill,

the market didn't love the results of AMEX.  
1100 meters is pretty deep to get 6 meters of 30 g/t when there is nothing but rock above that. And most of that 30g/t is concentrated in a half meter of vein.  It's almost a km into the ground.  It may prove to be a company maker.  But drilling and finding gold vein a km underground is totally different than actually mining it a km underground.

Hopefully SGNL gets some bonanza results from the rest of the holes, and will be able to raise some money.  At a higher price.
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