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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 > what Kevin told us
View:
Post by karlschranz on May 06, 2022 4:40pm

what Kevin told us

In Q3 Kevin said this October 13, 2021..

While the challenges in developing mine waste at Argyle are disappointing, ore delivery ramped up at the end of September and we are confident in the mine plan going forward. This mine plan is based on the independently updated Mineral Reserves prepared by Nordmin, where 2022 is shaping up to be a record year of production for the Company. Over the next 14 months, we expect to mine approximately 529,100 tonnes of ore at an average diluted grade of 1.99 grams per tonne, which at a recovery rate of 87% will result in production of approximately 29,500 ounces.

  • Gold production over the next 14 months is expected to be approximately 29,500 ounces based on an 87% overall mill recovery, setting up Anaconda for a record year of production in 2022, at an average operating cash cost per ounce sold of $1,112 (US$878)1;
Comment by sooner1 on May 06, 2022 6:08pm
Disappointed as most are on here. We have a lot of catching up to do. Really do not like over promising and underdelivering!
Comment by Rogg47 on May 06, 2022 6:10pm
He should stop talking and starting delivering some results!! The last quarters gave a huge hit on the company/management credibility.....
Comment by SgtFriday on May 07, 2022 9:42am
Considering what happened on the markets this week, we managed to hold our own. Not trying to influence any of you, but you have an opportunity this week to voice your concerns at the annual meeting. Put your shares where your mouth is, vs this anonymous shots at management. have a nice weekend.
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