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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 Oct 02, 2024 6:26pm
581 Views
Post# 36250785

RE:RE:My guess

RE:RE:My guessPSS.
The value of SGNL under that agreement would actually be $35 million for thir 50%,, plus the $10 million they have in cash.  So $45 million without any pop in price because of all the new enthusiasm and hope.

Now you are up to almost 20 cents a share.  With the pop that could bring it to .30.

On the other side is the chance that they can't make an agreement with anyone, and the crows are circling and waiting.

GLTA
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