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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 27, 2024 7:02pm
48 Views
Post# 36284283

RE:RE:RE:Re: Shiftyone's Calculations

RE:RE:RE:Re: Shiftyone's CalculationsDDD, you sure are a stubborn one.  Was hoping to leave it with Grumpy's comments.

But since you can't let it go... I ran the numbers using your latest retort to me when you suggest the value of sgnl should currently be .13.

Only instead of X being SGNL's market cap and determining what the shareprice should be.
I used Y to be NEXG's market cap and what the shareprice should be.  Using your newly explained logic to me.

So I came up with (using your logic)

Y = 0.65 (21 + Y)
Y = 13.65  + .65 Y
0.35 Y = 13.65
Y = 13.65 / .35
Y= 39  (million) = MC for NEXG

76.5 million shares after the placement closes.

39 million divided by 76.5 million shares= .509 cents per share NEXG should be valued at.  According to your logic.  I can't believe that all those people investing millions don't realize what your simple math says.  Why are they paying .80?

Perhaps spend your time on the NEXG board telling them all that they are really stupid for paying .80 a share, when it is only worth 0.51.

All the money managers, millionaires, analysts, stock advisors.  No one but you can get your logic with basic math.

I don't think it is that you can't get what I am saying.  I think you are probably smart enough.  it's really simple.  I think you just have this issue where you can never be wrong.  So you won't consider any ideas other than your own.  Your inability to make a mistake, restricts you from learning.  There are about 4% of the population that can never admit being wrong.

Good luck
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