RE:RE:RE:RE:New here1 Management...well they sold the NFLD mill for peanuts, but to conserve cash and focus on Goldboro...I do not have the inside track on the savings by selling the NFLD mill so hard to comment. If managment pulls off a great deal with BMO Capital at their side folks will have a different perspective...so wait n see.
2. Agreed...have seen that chart...sad state for Signal gold (such a low market cap)...1 million in two pits...they will probably start talking about the 3rd pit when they wrap up all drilling.
Just waiting for Industrial Permit from NS Gov...all other gov permits in hand. Waiting also for Fed fisheries permit - probably 6 months away or so.
Review their fesibility study and see stated numbers...this deposit is much bigger than what is published...to point 3 as I work on site for almost 3 years and drilled well over 150 holes and know the deposit VERY WELL...it is a MONSTER - aka The BEAST! BY FAR the largest deposit in Nova Scotia...world class.
4. ahhh...HEL Ya
5. Don't care...as long as they get a great deal for the shareholders.
6 ahhh...HEL Ya...the underground grades are FANTASTIC...again look at the last outdated fesibility study and recent drilling...6g/t over 1.5meters wide is CASH in the bank! I say min 5 million ounces and yes 10+ million is possible here with a 3.5km strike length and it is a saddle reef type deposit...these deposits go VERY DEEP...just look at Australia. Anyone with a geology degree will agree..the potential at Goldboro is massive...so painful to see 9 cents.
Good luck with your investment ca$h!