Signal Gold Inc T.SGNL

M Partners - BEN PIRIE - Maintains $2.10 target

[GoldNHill]

I saw a buy recommendation in my TD Webbroker account this AM...could not find a report...but perhaps one will be presented here in the coming days

https://www.mpartners.ca/research-portal-new

Info from my TD account this AM...I would take 2 bucks for SOME of my shares
18 Oct. 2022

SGNL

M Partners

Ben Pirie

BUY

Current Target $2.10

[DoumDiDoum]

Yeah... I would also sell some of my shares at that price. In fact, I will sell for a bit lower than that as I need to finance some renovation in the next xouple of years.  Those analyst's targets are great but they are not in line with the current context. PM sector is not a favoured one right now so these targets show only potential. I'm wondering how this guy arrives at 70 cents

[NLMoose]

In light of Signal Gold's bad decision not to extend Point Rousse operations and now pulling out of the Baie Verte Peninsula altogether as a result of cancelling valuable mining projects like Stog'er Tight, the stock doesn't deserve to increase to $2.10 a share as they just cut off an important source of revenue.

[thegoldenchild]

Ben Pirie does have a price target of $2.10 showing in TD Web Broker, but there is no report. So we see 2 price targets in the next 12 months, $1.30 from Craig Stanley, Raymond James and $2.10 from M Partners. Hopefully, we see something in between both price targets or even closer to the higher target.