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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 and exploration 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 in Guysborough County, Nova Scotia, approximately 175 kilometers northeast of Halifax, comprising an exploration... see more

TSX:SGNL - Post Discussion

Signal Gold Inc > Gold Juniors Market In The Last 5 years
View:
Post by DoumDiDoum on Jan 21, 2024 2:22pm

Gold Juniors Market In The Last 5 years

For the ones thinking that the low SP right now is only related to management's decisions, I digged into several gold juniors to see how they did in the last 5 years. I started with some I know and then take all the gold junior companies in which Eric Sprott has a position. I figured out that himself or his team do their DD before investing so I guess that it's a good chunk to have a feel about the gold junior market for the last 5 years. I took the peak for each of them and then their current SP to calculate the yield.

It's interresting to see some big guns like MOZ, NFG and NVO did pretty bad also with yields between -69% to -96%.  These are some FACTS:


Ticker High When Current SP Yield
SGNL  1.050  in June 2021  0.105 -90.00%
MAE   0.235  in May 2021  0.045 -80.85%
SPA   0.770  in October 2020  0.175 -77.27%
MOZ   3.730  in September 2021  0.740 -80.16%
BYN   0.570  in June 2022  0.330 -42.11%
NFG   13.500  in June 2021  4.160 -69.19%
NVO   4.160  in July 2020  0.155 -96.27%
SIC   0.780  in June 2021  0.065 -91.67%
GOT   1.740  in November 2022  0.880 -49.43%
TUO   4.850  in August 2020  1.170 -75.88%
FVL   1.950  in August 2020  0.485 -75.13%
AMK   0.500  in August 2020  0.130 -74.00%
ERD   0.710  in July 2020  0.305 -57.04%
ARQ   0.300  in August 2020  0.090 -70.00%
TUD   4.510  in August 2020  0.950 -78.94%
UGD   0.670  in August 2020  0.050 -92.54%
CKG   7.610  in August 2020  1.690 -77.79%
GGO   1.700  in August 2020  0.195 -88.53%
STNG  0.350  in March 2021  0.050 -85.71%
GPG   0.780  in June 2021  0.195 -75.00%
AMX   4.190  in January 2019  1.400 -66.59%
SCOT  0.530  in July 2020  0.170 -67.92%
JAG   11.300  in February 2021  1.760 -84.42%
IRV   3.480  in February 2020  0.410 -88.22%
KING  5.750  in May 2021  0.280 -95.13%
STGO  3.140  in July 2020  0.660 -78.98%
GXS   2.250  in May 2019  0.245 -89.11%
AUMB  0.980  in August 2020  0.075 -92.35%
GSS   0.315  in May 2021  0.030 -90.48%
BBB   0.570  in August 2020  0.115 -79.82%
STU   0.990  in February 2022  0.210 -78.79%
OCG   0.880  in March 2020  0.150 -82.95%
LAB   1.830  in July 2021  0.125 -93.17%
IVS   0.325  in April 2021  0.035 -89.23%
WM    1.350  in May 2020  0.080 -94.07%
GAL   0.940  in June 2021  0.175 -81.38%
MTS   0.990  in July 2019  0.040 -95.96%
GLDS  0.490  in September 2021  0.130 -73.47%
GGI   2.030  in September 2019  0.080 -96.06%
TKU   0.290  in November 2019  0.025 -91.38%
JDN   0.900  in June 2021  0.055 -93.89%
NEWD  0.960  in August 2020  0.020 -97.92%
Comment by shiftyone on Jan 21, 2024 3:51pm
Lots of the junior companies have struggled.  But most didn't do that bad. The GDXJ is up 10.75% over the last 5 years. https://www.google.com/finance/quote/GDXJ:NYSEARCA?sa=X&ved=2ahUKEwiFzK6Ore-DAxXsjIkEHYupBlQQ3ecFegQIJhAf&window=5Y
Comment by shiftyone on Jan 21, 2024 4:13pm
NVO down 96% from peak. At their peak, they were producing 9000 ounces of gold a month.  Now, nada.  Not really comparable.
Comment by iq4u on Jan 22, 2024 10:09am
Thank you DDD for that information ! ! ! I was not aware that the whole situation for so many juniors is like it is. Now I have 1,050,000 SGNL shares! GLTA iQ
Comment by DoumDiDoum on Jan 22, 2024 1:05pm
IQ, you get it now... some posters want your shares or are trying to lower your expectation to discourage you or to "encourage" you to accept a lower ball hostile offer. You already droped your sell price from 5$ to 1$... that's all they want. That's what we call "shaking the tree": posting negative opinions and seeding fear so the small retails sell or lower their ...more  
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