Signal Gold Inc T.SGNL

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

[DoumDiDoum]

andre171 wrote:

andre171 wrote:

For gold at $2500, Goliath's NPV@5% is CAD 943M according to NEXG's latest presentation, and SGNL's would be +- 969M by applying a proportional rule to variation table 22.6 of 743-101. Since the two projects have +- the same NPV, we can assume that from an operational point of view they have the same potential, regardless of the other elements (Capex, reserve volumes and grades, CAS, AISC...) since the NPVs take them into account.

Exploration potential, financing conditions and project progress could therefore make a difference. There seems to be a great deal of exploration potential in both projects, and it's hard to know who wins out in this respect, as well as in terms of project advancement. With Goldboro's lower initial capital costs, it's possible that operations could begin there, since less financing would be required. I believe that the operation will be beneficial for both companies, in particular by reducing the risks for each, and this is undoubtedly one of the essential elements that motivated SGNL's management to agree, particularly in view of the difficult cash situation. 

@DoumDiDoum
Can I expect an answer from you, since you suggest contradictory (but positive for me) discussions?

Sure andre, and I hope others will too!