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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 andre171on Nov 20, 2024 11:32am
99 Views
Post# 36321823

RE:Merge Offer Price Now At 8.2 Cents A SGNL Share

RE:Merge Offer Price Now At 8.2 Cents A SGNL Share
DoumDiDoum wrote: Down from 9.2 cents. Not that it will change the number of NEXG shares each shareholder will get if the deal pass, but it's certainly means the valuation today is 1 cent less than when the offer has been proposed. 

With all the dilution after (I calculated an extra 60%), existing SGNL shareholders are being stealth big time IMO.

The price trend is negative for NEXG too, and has been going downhill since April, while the price of gold has risen sharply and management is presenting us with a very promising situation. So why is this? 
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