Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 GoldNHillon Oct 11, 2024 10:07am
532 Views
Post# 36262517

RE:RE:RE:Financial Engineering vs Mining Engineering

RE:RE:RE:Financial Engineering vs Mining Engineering I heard that they will finance one mill first then the other with cash proceeds from the first to pay for the second mill.  Which will they start with...I suspect Goldboro...but just a guess.

I also heard they are possibly not done picking up more assets...NexGold a platform for growth!

and the big one...I did hear that St.Barbara was also talking with SGNL and that the conversations "did not quite get there" AND that the conversations many not have completed....could St.Barbara leave NS (as some believe) and sell the mill to NexGold to move to Goldboro...it is the exact mill they need at Goldboro.  Could St.Barbara now see the deal and say wow...we will make a competing offer...who knows...they do have a few hunderd million cash in their coffers...TBD  .

What KEVIN REALLY has to do is move AS FAST AS POSSIBLE on these items:
  1. Close this deal or handle a competing offer (in the VERY short term)
  2. Secure financing for a mill build
  3. Build the mill and pour bricks
THE ABOVE HAS TO HAPPEN FAST...I HOPE in all the negotiations to secure a deal, they have the above plan ready to go....30 months till they are back in the same situation with a pile MORE gold in the ground.  You have a new opportunity KEVIN...ACT FAST!
<< Previous
Bullboard Posts
Next >>