Signal Gold Inc T.SGNL

Will there be a trading halt for PEA?

[longagau2]

Checking the news every morning, but I'm wondering if we will see a mid day trading halt announcement for the PEA, as was done for the resource estimate. Any day now I expect.

[CountOfMeltedCrisco]

They asked for and got a halt back on Feb 22 when they announced the increased resource at Goldboro so I'd be leaning toward ....... "Yes"  for the PEA

[GoldNHill]

Agreed...I expect them to halt for PEA and give time for folks to read before trading resumes. This will be a BIG milestone for Goldboro and ANX...it will be a material step forward (thus the halt) and finally present an independent view of a portion of what THE BEAST has to offer. I am looking for 50% IRR which should attract some serious attention.  With 20,000 more meters of drilling

[GrumpyInvestor]

They practically had no choice but to ask for a trading halt back then. The trading was very active the week before and the volume was so high at the start of the day that it was evident some information had leaked. I don’t see that for now. There is a nice run up in the share price, but the volume is not that big. So, either we are still a few days away from getting the PEA, or they have been

[VillaManya]

I would suspect we're still a few days away - and that a lot of the PEA is already baked in to the SP. After all, it's not as if the good news in the PEA hasn't been massively flagged already by Kevin et al.

[DoumDiDoum]

Yeah, the regulars "guessed" the outcome of the PEA already.  I just hope that the promotion machine will make sure "others" will get the story so we could no longer talk about a hideen gem here.  The PEA could be the tool to use as the eyes opener.

[longagau2]

if the self described gold mining stock expert who is also a shareholder of anx and took the effort to write an article about newfoundland gold mining on seeking alpha did not know about the PEA and even the updated resource estimate, it is probably safe to say that the PEA is not yet baked into the share price. As well, having the numbers down on the PEA will allow institutional investors more

[VillaManya]

I really hope you're right - a decent rise on the PEA will see me achieve financial independence. But I can't believe serious investors aren't aware of the situation - and your last point is the salient one: the PEA will justify (additional) institutional investment because it will create an audited baseline for the valuation of the business

[longagau2]

I think a lot of us on the board have invested heavily in anx knowing what we know.  I think it is around 20 percent of my investments.  Lets hope good fortune awaits us all!  

[VillaManya]

I'm hoping that there are a lot of new investors, especially institutions, are waiting for the PEA to formally acknowledge the value within the business and to justify taking a meaningful position........and I'm fearful that a few insiders will end up engineering a take-out at a ridiculous(ly low) valuation that leaves all of us longs out in the cold.............historically there has