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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

Post by shiftyoneon Oct 23, 2024 10:32pm
304 Views
Post# 36279570

I can't find one management who has experience

I can't find one management who has experienceat actually turning an exploration company into a mining company.

Unless you count Jeremy Wyeth and his contibution to De Beers Victor Daimon mine.  Which he was part of the management team.  But despite spending over a billion dollars... that mine is not open anymore.

I am surprised Kevin is CEO.  I think that his spending will be monitored,, and that they will expect results.  Or it will be a short tenure IMO.

I don't think Morgan is really going anywhere too far right away.  I think he is taking a break.

JMHO


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