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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 > PEA........
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Post by VillaManya on Jun 22, 2021 10:44am

PEA........

......oh when are they going to publish the bloody PEA?  The suspense is killing me.

My bigger worry is why there hasn't been a bigger pick-up in the price.......there usually is when news is imminent on this stock.  unless it is already baked in to the stock price, which I think would disappoint a lot of us.
Comment by DoumDiDoum on Jun 22, 2021 10:58am
VillaManya, always consider things as being already "backed up into the price" so when the news come out, you will not be "that disapointed" :-) Seriously, I'm surprised too that we do not have the PEA news yet.  I guess that we might wait until Thursday pre-market to have the news and they want to create a buzz with the interview following the news on Thursday.  ...more  
Comment by MAKEITBACK on Jun 22, 2021 2:11pm
Western Copper released their eagerly awaited PEA this morning and the price went down 6 cents. If something good happens when they release it---great! I will not lose sleep if nothing happens either.
Comment by longagau2 on Jun 22, 2021 2:21pm
In looking at WRN numbers: NPV of 2.3 billion.  MASSIVE up front development costs with an IRR of 19%.  Will need a lot of financing/dilution to develop and will DEPEND on a takeover or joint partner.  Market cap 370 million. ANX - likely NPV 800 -1100 million.  Very low upfront development and operating costs.  Self-financing for a lot of this development (once the good ...more  
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