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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

Post by GoldNHillon Sep 24, 2024 9:59am
458 Views
Post# 36238108

Early Q4 - Conclusion to BMO Capital Process

Early Q4 - Conclusion to BMO Capital ProcessIs the timing I am hearing for the conclusion of the BMO Capital process.  So 5-6 weeks max!  Hope that is true!!

Not sure why one would continue to sell with such a looming decision.  We will either see a JV or a sale of SGNL asset(s).  Signal has 12 + Billion dollars CDNin gold storage....who wants it and what will they offer???

Still a few more holes to report (some drilled vertically so says some field observations).  The verticle holes could be magical if they hit and stayed in a quartz belt at a very low angle (<5degrees)...one could see some giant g/t gold numbers - over 10s of meters if that is the case...been done once before in a hole drilled in West Goldbrook area in 1987...87-35 I think it was .35 ounces over 110 meters!!!  Gold everywhere!

Knowing that Kevin and Rob both have millions of shares between them, they will obviously attempt to bring the best deal for the shareholders...

Bring it on Kevin n Rob...let's make it happen...so much work to get to this point...next steps mining - BLOW IT UP (share price too please...LONG OVERDUE!
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