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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 GoldNHillon Oct 23, 2024 12:21pm
296 Views
Post# 36278731

RE:RE:RE:RE:Pre Merger stock value diff between Signal and NexG

RE:RE:RE:RE:Pre Merger stock value diff between Signal and NexGWell at this point...after asking...nobody new is knocking on Signal's door to counter NexG....that may change as the weeks roll by...TBD...risky if you don't take the parallel move (dollarwise) which is on the table currently (plus the bonus if the share prices keep the current spread). 

IMHO it is WAY better than floundering/diluting and HOPING FOR SOMETHING BETTER (bird in the hand)!  Take it and move along and GET TO PRODUCTION ASAP...how long will you have to wait for something better (how much better) and how long will gold stay at these lofty levels...other considerations to ponder...TAKE THE DEAL AND RUN AS FAST AS YOU CAN TO POURING BRICKS...WE WILL ALL BE LAUGHING WHEN THAT HAPPENS! 

Counter, No don't take the deal, let's wait...FOR WHAT???

We should see the final drilling from Goldboro next week (those near vertical holes that were observed in the field).  NexG also to report drilling from Goliath...so both deposits will continue to grow from here.



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