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Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

Signal Gold Inc. is a Canada-based gold development and exploration 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 in Guysborough County, Nova Scotia, approximately 175 kilometers northeast of Halifax, comprising an exploration license area of over 27,200 hectares (272 km2). The Project is subject to a positive Feasibility Study which demonstrates an open pit life of mine (LOM) with average gold production of over 100,000 ounces per annum. The Company also operates the Tilt Cove Project, a prospective exploration-stage gold copper project located within the Baie Verte Mining District, Newfoundland, with approximately 15,000 hectares of prospective mineral lands and 35 kilometers of high-potential strike length including the Nugget Pond Horizon, a geological unit that hosts the past producing high-grade Nugget Pond Mine.


TSX:SGNL - Post by User

Comment by nozzpackon Sep 09, 2024 8:52am
495 Views
Post# 36214448

RE:Signal Gold Made A Big Mistake With Goldboro

RE:Signal Gold Made A Big Mistake With Goldboro

Even bigger was selling their Point Rousse assets including the Stratrgically placed Pine Cove mill for pennies on the dollar .
A substantial Talc asset at Deer Cove, the Pine Cove pit mined just to 100 meters with Maritime recentky announcing a massive interception just meters below the pit floor, a tolling MOU with NFG , a tailings facility with 30,000 ounces of gold fines and on and on.
 

It's too bad that  faithful shareholders to have gotten the short end of the stick in more ways than one.
GLTA

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