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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 shiftyoneon Oct 10, 2024 9:53pm
150 Views
Post# 36262066

I love the participation by NEXG insiders.

I love the participation by NEXG insiders.Looking at Sedi.... several of the insiders  of NEXG have been buying shares.  Especially in the last 6 or 7 months.  Around the time when discussions with  SGNL may have began.

That shows confidence in the company.

If it was a bought deal financing for SGNL, there would be a lot less sellers is my guess.  Sell now and buy into the pp at .087 with warrants.

I have to watch the next couple of weeks.  But this deal reeks of excitement for the new year.  I just may be a buyer again.  The question is... buy SGNL, or buy NEXG?  Which seems safer when there is no premium attached?
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