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Bullboard - Stock Discussion Forum Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

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 > Pre-market level 2
View:
Post by DoumDiDoum on May 03, 2022 9:23am

Pre-market level 2

We knew we would have bad financial results when the Q1 production numbers were out two weeks ago.  Well, I guess that they will add a couple of millions to the next financing.  More dilutaion at these low price level.  I'm starting to think that ANX is becoming more and more on the prey side of an M&A instead of the predator's... they need to bounce back and soon!!

Using the 10 levels depth of Bids/Asks:  
• 83 500 shares on the bid at an average price of 0.534
• 80 500 shares on the ask at an average price of 0.659
A difference on the average price of $0.125
   
Orders/Shares Buyers Sellers Shares/Orders
  1 / 2 000 0,58 0,60 8 500 / 3  
  3 / 8 000 0,56 0,62 17 500 / 3  
  2 / 27 000 0,55 0,63 6 500 / 1  
  2 / 4 000 0,54 0,64 2 500 / 1  
  3 / 17 000 0,53 0,66 2 500 / 1  
  2 / 7 000 0,52 0,67 5 000 / 1  
  1 / 7 000 0,51 0,68 3 000 / 2  
  2 / 10 500 0,50 0,69 25 000 / 3  
  1 / 500 0,49 0,71 5 000 / 1  
  1 / 500 0,47 0,72 5 000 / 1  
Comment by NLMoose on May 03, 2022 10:07am
One step to solve this problem is Anaconda Mining/Signal Gold executives and shareholders fire Kevin Bullock as their CEO, and replace him with someone whom has superior Engineering and Managerial skills whom won't make excuses. Once Marathon Gold's Valentine Lake project goes online, Signal Gold will not be able to tolerate anymore excuses. Hey hey, ho ho, Kevin Bullock has got to go! ...more  
Comment by MAKEITBACK on May 03, 2022 12:38pm
        Yes, they may be on the "prey" side. That explains a lot. However, I think what these guys should do is make weekly updates on production. That would go a long ways to restoring confidence that they are indeed back on track!
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