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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 > I think that if they are really lucky
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Post by shiftyone on Mar 04, 2023 5:57pm

I think that if they are really lucky

They will get about $60-$70 million for Goldboro. They will never get $100 an oz when it is a $400 million dollar investment to get it into production.  That is assuming they get all the permits.

If really lucky... $10 million for pointe rousse  (unlikely.... probably $5 at the most)

So they will get about $75 million.  But they owe over $20 million.

So $50 millon net after all legal expenses.  That is only $0.25 a share.

I will be extremely surprised if they get a penny more than $0.40 a share now that they are no longer a producer.

That is just my opinion..
Comment by shiftyone on Mar 04, 2023 6:25pm
shiftyone - (3/4/2023 5:57:41 PM) I think that if they are really lucky They will get about $60-$70 million for Goldboro. They will never get $100 an oz when it is a $400 million dollar investment to get it into production.  That is assuming they get all the permits. If really lucky... $10 million for pointe rousse  (unlikely.... probably $5 at the most) So they will ...more  
Comment by Benji 2000 on Mar 04, 2023 7:12pm
$400 million dollar investment to get it into production Seriously !! Where did you get that information ???
Comment by GoldNHill on Mar 04, 2023 7:27pm
Is that more Shiftyone misinformation? He/she seems to have read all the information about Signal Gold but failed to hear Kevin's latest prediction of the costs increases for Goldboro and what Kevin predicts (Far from 400 mill)...he also fails to quote anything about increased resources to the tune of 150million (not inxcluding current drilling) which will far offset increase cost to build ...more  
Comment by shiftyone on Mar 04, 2023 7:54pm
Do you believe everything or anything that Kevin says... I replied in another post where I got that number.
Comment by shiftyone on Mar 04, 2023 7:59pm
Do you still believe a word that Kevin says?  How blind are you?
Comment by shiftyone on Mar 04, 2023 8:11pm
I still think that you are G.N. Hill and not the unknown geologist.   But just to clarify... And I will trust you .  Are you the unknown geologist... or do you just know the unknown geologist?
Comment by shiftyone on Mar 04, 2023 7:53pm
Benji 2000 - (3/4/2023 7:12:18 PM) RE:I think that if they are really lucky $400 million dollar investment to get it into production Seriously !! Where did you get that information ??? ----- Well Kevin said $300 million in the webcast...But what does that mean But the link to a promoter that DoumdiDoum gave about a month ago. the promoter who said that he had made 300% a ...more  
Comment by 5er on Mar 05, 2023 1:48am
Your giving him the attention he wants.  If we don't interact with him then he has no one answering his questions.  Let him talk to himself. i.e. Pissing into the wind!
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