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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

Comment by shiftyoneon Oct 15, 2024 7:18pm
358 Views
Post# 36267278

RE:RE:RE:Merger DD : Data Comparison Between NexGold And Signal Gold

RE:RE:RE:Merger DD : Data Comparison Between NexGold And Signal GoldGNH, I am confident that they are hoping to define a pit 3.  There is nothing to indicate yet that is there.  There is nothing to suggest that a couple of good veins several hundred feet deep are worthy of the costs associated.  There may be.  But DDD makes statements without validating.  I could say that SGNL needs to make a deal or they will likely go bust.  And he or she wants me to prove that.  I'm just playing their own game.  Anything said here now is not going to make any difference....the deal is made.  Unless someone comes in with a much higher offer.  Or Sgnl can't raise the money which I find unlikely.  (now DDD will ask me to prove how I know that I think Sgnl can raise the money.  I don't.  I just think it wouldn't have come this far if there was no confidence in that).

Earlier you mentioned you thought that you heard they would be concentrating on Goldboro and infill drilling and a new FS first.  The interview today with the president of NEWG didn't seem to suggest that was the case.

Good Luck.
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