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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 DoumDiDoumon Oct 27, 2024 7:12pm
55 Views
Post# 36284291

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

RE:RE:RE:RE:Re: Shiftyone's Calculations
shiftyone wrote: DDD, 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

(sigh) You certainly are the stubborn one. What are you trying to prove?

Let's just say that I think you are using some numbers base on SGNL market cap. From the NR, it's the opposite. I will explain it to you simply: the constant 0.1244 is a constant (you have done advanced maths, right?) used to determine the fraction that one SGNL share represents compare to 1 share of NEXG. So I do not understand what you're trying to do here. And honestly, I'm not interrested as must be the other readers here.
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