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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 shiftyoneon Oct 21, 2024 10:55pm
226 Views
Post# 36276028

RE:RE:RE:RE:Pros And Cons : Goliath vs THE BEAST (Goldboro)

RE:RE:RE:RE:Pros And Cons : Goliath vs THE BEAST (Goldboro)
Here are some corrections regarding some of the statements you said about Royalties:
 
Sprott Resources has 2.2% NSR on all the gold that will be extracted from the ground. That represents, using your $2700 for an ounce of gold, near 60$ an ounce. Plus all the other royalties from 1% to 2.5% or some land package. Plus the yearly payment of $100k (which is payable even if you're not producing). All this cumulate. So I think we are far from your 27$ an ounce calculations.
Also, you sound like it's a good thing to have royalty on a property. Is it really your opinion? If so, are you suggesting that "Royalties are present on the properties" be put on the PROS for NexGold?
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Why do you want to fight so much?  it reminds me of my past when there was so much passion building up about a particular subject..   sometimes the people you hated.... well first chance one thing led to another. like for example.. you might convince me to buy sgnl.  or maybe i already did.

I don't care about your numbers to be honest.

All that matters is what the rest of the market feels it is worth for the short term.
 
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