Signal Gold Inc T.SGNL

SGNL at 0,35$ ????

[Benji 2000]

What's wrong with Signal this week ??  lose 0,05$ in two days ...i guest it's not good for Q4 result maybe next week ??

[DoumDiDoum]

Yeah, lack of buyers for sure. The stock does not act as if there was drilling results coming soon or if there was some, that they are not as sexy as they thought. But let not speculate too much yet: management and promo were quite sillent lately.

[nozzpack]

The problem here is lack of liquidity . Over the past 6 months, volumes remain modest usually of the order of 200,000 shares or so. If you want to buy large quantities , it's difficult to do so without moving the bid  behind your considered risk averse entry point. Likewise, you cannot liquidate  signifucant orders without sinking the share price. Right now, with an hard asset

[DoumDiDoum]

nozzpack: The problem here is lack of liquidity . Over the past 6 months, volumes remain modest usually of the order of 200,000 shares or so. If you want to buy large quantities , it's difficult to do so without moving the bid  behind your considered risk averse entry point. Likewise, you cannot liquidate  signifucant orders without sinking the share price.  

[nozzpack]

I have no problem with our management. They are fine mine builders. Mako is a former investment of mine, along with Sailfish. Its price profile is almost identical to that of Signal. Its a penny with 700 m shares. Penny gold stocks trade well below peer value. Signal has 160 m shares in its retail float....too many  A 1 for 4 consolidation would do wonders for our market cap, as we will

[DoumDiDoum]

nozzpack: Penny gold stocks trade well below peer value. Signal has 160 m shares in its retail float....too many    A 1 for 4 consolidation would do wonders for our market cap, as we will then attract high net worth shareholders who will be actively involved in ensuring their investment is well managed. Current float is more around 200M shares, not 160M. Is it too

[nozzpack]

Most retail investors do not have any idea as to why they buy or why they sell. There are a thousand reasons why you must sell and not a single reason why you must buy. Hence you get random selling from small net worth investors  counter to fundamental trends for many reasons . High net worth investors got that way because they are astute investors who know the value of what they own. Please

[DoumDiDoum]

nozzpack: High net worth investors got that way because they are astute investors who know the value of what they own. Yep, and that's the reason why Kevin and Rob are targetting big players in some investment conferences and hired Auramet.  nozzpack: Those who bought MOX at $4 a year or so ago have lost most of their capital even tho the market cap has grown due to massive

[GrumpyInvestor]

Hello nozzpack, I have been following your numerous posts on this board for the last couple of weeks and I'm having trouble understanding what you are trying to achieve. You constantly post overly optimistic information that fellow board members politely try to correct, while stating that you want to accumulate a million shares. As DoumDiDoum has mentionned before, the trading pattern doesn

[5er]

 GrumpyInvestor - I too have been wondering what nozzpack's motivation is.  You worded my concern very well.  What nozzpack continues to ignore is that there are a lot of long term investers here, along with thier friends, since the Orex Exploration days and are much more familiar and knowledgeable with the history than he is.   If we are willing to invite our

[nozzpack]

So, you invited your friends January of 2022 at $0.60  and now it's $0.38 . Thats brilliant gas lightening . Surely, you must now require security guards ?

[DoumDiDoum]

Well, I do not have a Crystal Ball. Do you? And at the end, I said it was not a fiancial advice so everybody is free to do their own DD. When I talk to my "friends", I explained them the risks about investing in gold junior. But their objectives are long term... what about yours? My feelings are that you're not here to see the first gold pour from Goldboro.

[nozzpack]

I post according to my information flow and will adjust if new information contradicts or advances that information . I posted two recent research reports which I stated to be fine analyses. I also posted several potential partners for Point Rousse . I am not aware of any evidential gas lighting . For a $300 million Capex for Goldboro, a contribution of $40 million via the sale of  Rousse