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Bullboard - Stock Discussion Forum Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

Metals & Mining Gold Industrial Metals & Minerals
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 > MOZ - oups
View:
Post by Benji 2000 on Sep 13, 2022 9:44am

MOZ - oups

MOZ at 1,05$ this morning and we compare MOZ with SGNL...What do you think about that !!
Comment by longagau2 on Sep 13, 2022 10:03am
MOZ did a bought deal share offering for the extra 150 million now needed to construct the mine. This dropped the MOZ share price. Now they should have enough funds with their big Sprott credit facility to build their mine. I hope SGNL is patient and creative to raise funds without much dilution.
Comment by DoumDiDoum on Sep 13, 2022 10:07am
Yeah, when I did my DD comparing with MOZ, I always said that MOZ was valued too much.  But yesterday, MOZ sold 135M shares at Canacord at 1.10$ a share plus 67M warrants at 1.35$. I guess that this deal is the equity part of their $480M construction project for the Valentine's project.  10 days ago, I predicted that MOZ would reach the bottom of the Lassonde curve soon (Read the ...more  
Signal Gold Inc
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