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Bullboard - Stock Discussion Forum 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... see more

TSX:SGNL - Post Discussion

Signal Gold Inc > Looks like the market...............
View:
Post by ggrellette on Feb 22, 2021 2:44pm

Looks like the market...............

is digesting the news. The back room envelope calculations are being done to determine where the share price will tap out. The smart money is moving now before the herd figures it out. I suspect follow through buying tomorrow which will drive the share price increase. I can see 80 to 85 cents for tomorrow if the follow through buying materializes and it should because we are very undervalued here at this level. 
Comment by ggrellette on Feb 22, 2021 2:47pm
Holy Crapppppppppppppp batman it just hit 82 cents. Man they r wasting no time moving in. My prediction has been breached already. If the POG continues to rise we could see $1.00 sooner then I could even imagine.
Comment by DoumDiDoum on Feb 22, 2021 3:01pm
Yep ggrellette... this rise is on fundamentals only.  No POG leverage yet!
Comment by ggrellette on Feb 22, 2021 3:38pm
I agree the rise is just on fundamentals but what IF the POG rises to say $1900.00 that would mean to me that the stock would by around $1.05 to $1.15 and we would still be undervalued. 
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