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Bullboard - Stock Discussion Forum Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

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 > Goldboro expected to be HUGE!
View:
Post by 160k on May 27, 2023 6:14pm

Goldboro expected to be HUGE!

As I stated in n earlier post, an insider indicated to me that Goldboro will continue to grow in both size and scope.  It is expected to meet all of our expectations.  Also noted was that the Company is looking at offers for the NFLD properties which when sold will raise considerable funds for use at Goldboro.  Remember, the mill/refinery is worth big money....Pt  Rousse is basically a "turn-key" situation for another mining operation...just buy it and Immediately generate cash flows!!  As far as the share price is concerned it is just a buying opportunity...so don't panic.  When the stock price hits $1.05 again, you will forget about these current lows.  Be Happy...Be Patient!!   Would you rather have e the stock trading today at valuations which would make it too expensive to continue buying??
Comment by Rogg47 on May 28, 2023 7:46pm
"Remember, the mill/refinery is worth big money....Pt  Rousse is basically a "turn-key" situation for another mining operation...just buy it and Immediately generate cash flows!!"  If it's soooo easy generating cashflow, why SGNL wasn't able to do it??..... 
Comment by VillaManya on May 31, 2023 7:18am
...Rogg, couldn't agree more. Pt R has no commercial value unless the buyer is prepared to spend a load of dollars finding/proving additional resources. The only real value is another local miner who can make money by shipping in ore......but we have to assume that Anaconda (as it was then) explored toll milling in order to generate some contribution towards overheads.........so whilst there ...more  
Comment by Tornado7 on May 31, 2023 1:23pm
Point Rosse will be sold by the fall.
Comment by GoldNHill on May 31, 2023 8:01pm
Says who....where did you hear that welcome news?
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