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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 > Things to look forward to and rough timelines
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Post by longagau2 on Feb 25, 2021 12:11am

Things to look forward to and rough timelines

These should continue to drive share price.

Please add/correct if you know things I have left out:

Lots of really promising opportunities in the near and medium term!

1. Earnings: within a week or two.

2. More Tilt Cove drill results: ongoing through year, some likely in next few weeks

3. Goldboro Preliminary Economic Analysis: 2nd quarter 2021 as per recent presentations.

4. Goldboro Feasibility Study: 4th quarter 2021

5. Permitting and Environmental approval for Goldboro: 2022 (?mid)

6. Goldboro start of production (end 2022, 2023? - unsure, please update).

7. Ongoing Newfoundland and Goldboro drilling results


Other wildcards:

1. Expansion of Point Rousse Mill - no known plans for this, but would make sense if significant findings at Tilt Cove or to the south of Tilt Cove in the new claims or between argyle and Point Rousse.

2. Takeover/Buyout bid or Spin out of Goldboro - no known plans or timelines.  However, Rob alluded to this by talking about his and Kevin's history of being in companies that got taken over several times at the very beginning of the recent presentation.  Kevin has similarly alluded to this in recent presentations.  If this is going to happen, it would probably be soon, but we have not seen signs of concerted buying to suggest this is imminent.  Check the earnings filings for any sign of a deposit for the taking over party to review the books and data.

3. Acquisition of a small miner, always talked about in presentations

4. Potential for growth in Anaconda owned spin-offs (Magna Terra, mining technology firm).
Comment by DoumDiDoum on Feb 25, 2021 7:07am
Nice list longagau2!  I would add in the other wildcards section: - Price of gold!!! Imagin, the run we are having right now is on fundamentals only!  If/when the POG reaches 2000$ again, and some gold bugs say we will go much higher, we are out for a wild ride! That's why it's time to load the truck.  On my watch list, ANX is by far the less risky bet for ca$hing on the ...more  
Comment by SgtFriday on Feb 25, 2021 7:12am
Good Stuff Longagau2. To others, I wouldn't worry about hte price right now. Accumaltion is like going up steps...every step we stop, catch our breath, accumalate, then start on the next step. We've got good people running the show. Its also possible we spin off Nfld? I wonder how Mr. $.62 feels this week? Everyone has a story. Patience
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