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Signal Gold Inc T.SGNL

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

Post by shiftyoneon Nov 10, 2024 11:03pm
93 Views
Post# 36306075

SgtFriday....

SgtFriday....If I wanted to look at the comparison from 6 months ago.  It would be a 4 hour job... just to get the basics.
I'd look back quickly over a couple of years.  look who the supporter were.  Of the two companies that merged.  Who was involved with them in the past.  there was a filpke involved, but nor sure if related to charles.  i'd look at the market caps and financial situations of the two companies who merged to become NEXG.  Who is backing them.  Did they make a goal to build?  This is the second asset acquired in 6 months.  Do you think that is the end, or will they keep adding to their asset base?  Do they have money supporting them if they need a million or two to take over another company again?
At the rate they have been going the past 6 months... Is it reasonable to think that they could do more acquisitions and ideally be producing 3-4 hundred thousand ounces of gold a year?  Anything is possible in penny stocks.  My experience has been that good backers are able to make things happen that couldn't otherwise be done.

So look up the two companies that formed NEXG.   Read the Sedi documents for the last couple of years.  If there is still a stockhouse page... read every post from the last couple of years.

Then decide what you think is a good deal for SGNL.  Accept or vote against.
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