Bullboard - Stock Discussion Forum Signal Gold Inc T.SGNL

Metals & Mining Gold Industrial Metals & Minerals

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

Add To Watchlist

TSX:SGNL - Post Discussion

Signal Gold Inc > Down the Pub

View:

Post by winedoc on Apr 18, 2024 5:24pm

Down the Pub

I heard Altantic Gold is sniffing around asking for further data ...... possibly confirmation drill holes

Will be taking a look around the mine site this weekend All I got for now. Winedoc

949

Comment

Comment by Beersy24 on Apr 18, 2024 7:54pm

Thanks for the update. It will be interesting to see if any serious offers actually arise or if it's just lowball offers or tire kickers.

798

Comment

Comment by GoldNHill on Apr 19, 2024 9:16pm

Atlantic would be an excellent JV Partner. Get them to move their IDLE 5000 tonne/day mill to Goldboro, pay off debt and do a bunch of infill and regional exploration drilling for a percentage of the Goldboro Pie. No major further dilution for Signal shareholders. The mill Signal planned to build is the same as Atlantics...Atlantic know how to run the mill cause they did it for years ...more

1972

Comment

Comment by specky on Apr 22, 2024 5:32pm

I agree with your common sense logic GoldNhill. For the cost of moving the mill and refurbishing compared to building from scratch it's a logical consideration for all involved. Giving up a portion of the ownership would be less dilution for existing signal shareholders, less debt to pay back and The used idol mill would be generating big profits, for everyone to share in sooner ! Win ...more

640

Comment

Signal Gold Inc