Signal Gold Inc T.SGNL

Level 2 On The Opening

[DoumDiDoum]

Some people got lucky and was filled at 63 cents on the opening.  Tax loss season on at these low prices.  Hopefully we get our FS next week so we could end this.

Using the 10 levels depth of Bids/Asks:
• 277 500 shares on the bid at an average price of 0.616
• 172 000 shares on the ask at an average price of 0.744
A difference on the average price of $0.127
Orders/Shares		Buyers	Sellers	Shares/Orders
	2 / 75 500	0,64	0,66	8 500 / 3
	4 / 106 000	0,63	0,69	10 000 / 1
	5 / 14 000	0,62	0,70	5 000 / 2
	1 / 3 500	0,61	0,71	3 000 / 1
	5 / 48 000	0,60	0,72	7 000 / 1
	1 / 2 500	0,59	0,73	2 000 / 2
	1 / 2 000	0,57	0,75	106 500 / 3
	2 / 7 000	0,56	0,76	3 500 / 2
	1 / 6 000	0,55	0,78	21 000 / 2
	4 / 13 000	0,50	0,79	5 500 / 2

[Rogg47]

I honestly have some doubts... All longs know pretty well ANX trading pattern, "sell on the news": volume and SP are up week(s) before a significant PR. So could we have another delay, ANX is pretty good at that, or could FS isn't that good and that explained the dumping lately?! Time will tell but I don't buy that it's only tax loss season. $0.60 geeeezzzz soooo ridiculous

[GrumpyInvestor]

  I agree with you that the recent drop from 0,75$ to 0,61$ has little to do with tax loss selling. I think that your fears of an underwhelming FS will probably prove to be right.  We had a PEA with an after-tax value of 547M$ for around 2M ounces for the whole project. But Kevin has been clear that the FS will only focus on the open pit part of the project (1M ounces). So the NPV

[linvest]

There has been such setback at Argyle that it would be good to get some insight from management about current quarter production. The mood is mostly wait and see. Regarging Goldboro, if people can't do the math of adding the underground value of the PEA to the open pit PFS NPV them it will be a great buying opportunity... It's not like the gold is gone...