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Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

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 andre171on Oct 11, 2024 2:08am
151 Views
Post# 36262194

RE:RE:RE:RE:What a massive Haircut

RE:RE:RE:RE:What a massive Haircut
shiftyone wrote: Sorry DDD, my math is bad too.  NEXG is being valued at about $58 million currently when you factor in debts, plus cash etc.  Me Bad.

$58 million is not 2.5 times $50 million.

For me, the enterprise value is CAD 41.21M ( Cap 21.68+26.16 Deb - 6.63 Cash).
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