Signal Gold Inc T.SGNL

In the video interview...

[iq4u]

...Kevin speaks about 3 million ounces of Gold reserves in the interview!

3 MILL ounces of Gold = 9,300,000,000 CAD
AISC 4,290,000,000
300,000,000 Takevover  (CAD 1/share)

cash flow 4,710,000,000

So when Kevin is right with 3 M ounces reserves.
When we calculate  AISC of 1,429 CAD /ounce.
Takeover with 1 CAD each share.

So there will be a cash flow of 4,700 Million CAD.
When the costs will be hiugher then th cash flow will be less.
The drillings go on and so maybe they find more then 5 Million ounces in the ground.

So there is a lot of cash flow to generate.

Now make a streaming contract or make a merger or sell the Goldboro project fpr $1 each share.

Good luck for all of us if cheerleeder or pusher or basher.

We are sitting all in one boat ! ! !

[VillaManya]

I love your optimism, which I share when it comes to the valuation of the property and the likely cash thrown off when it gets to production. Unfortunately Kevin no longer has a particularly strong hand - 100% of the assets of the company have been mortgaged for a loan which matures in about 2 or 3 months. So by the end of September he'll either have refinanced it somehow and paid off the loan

[Benji 2000]

That's not true VillaManya. just read the Corporate Presentation may 2024... Nebari Long-Term Credit Facility* (As of March 31, 2024) US$19.2M * Two-year initial term due in February 2025, Company retains exclusive option to extend a further 12 months (i.e. – 2026) So, if you want to buy cheap shares with your post, don't wait my friend and buy it now....at about 0,10$...Good luck and

[VillaManya]

Thanks for correcting me Benji - much appreciated. And i did have a good weekend (the weather here on Sunday at least was very pleasant) I hope you had a good weekend yourself. At least I now won't be using my share certificates to wall paper the "little room" just quite yet!! Let's also hope that they get the whole thing properly and fully permitted well before Feb 2026.

[shiftyone]

When do they have to start paying the interest accrued on the loan facility?

[shiftyone]

If you don't know the answer to that, perhaps you should consider going to the casino.  Craps has really good odds.