Signal Gold Inc T.SGNL

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[Tree2tree]

Sorry if I ask the obvious question to this board: why is this so cheap?  (Not that I am unwilling to do any research, but a fews hints on the key weaknesses/risks would be appreciated.)

[Lothar]

Debt.

[colt45acp]

NOT ONLY DEBT you got manegment making bad moves, maybe he is trying to fix that. LOT OF GOOD RESULT EVEN VERY GOOD RESULT. Still these stock are not investers fav. right NOW, BUT THAT IS GOING TO CHANGE SOON. TO SOON TO PULL THE TRIGER ON SGNL. JMO.

[Rogg47]

Easy one, overpaid Management, bad move after bad move since they are on board!!...

[GoldNHill]

3.1 million ounces published reserve and they have done a lot of drilling over the past couple years and have not updated the publich resource numbers. I say conservatively we are at 3.5-6 million ounces maybe even 4million.  You can bet signal has shared the database with any prospective partner to do their own calculations and compared with what numbers Signal has internally. Knowing the

[Geodan2]

GoldNHill, thanks.  I happen to be brandnew to Signal also. So your info is of value to me.  I picked up on debt problem.  1. On management see complaints here, do you agree? 2. How found it was off this chart, it is most appealing on list, due to grade and mkt cap.  I hear about millions of oz but seems only about 1 million oz is planned to be mined in two pits.  Do

[GoldNHill]

1 Management...well they sold the NFLD mill for peanuts, but to conserve cash and focus on Goldboro...I do not have the inside track on the savings by selling the NFLD mill so hard to comment.  If managment pulls off a great deal with BMO Capital at their side folks will have a different perspective...so wait n see. 2. Agreed...have seen that chart...sad state for Signal gold (such a low

[Geodan2]

GoldNHill,  Thanks, most helpful!

[Geodan2]

Hi GoldNHill,   Digging more into it, was called Anaconda and was in operation  and producing 20,000 oz a year, what went wrong?  https://seekingalpha.com/article/4443638-anaconda-mining-digging-into-the-q2-results Was it different deposit?   Thanks  

[GoldNHill]

https://stockhouse.com/news/press-releases/2022/10/25/signal-gold-provides-an-update-on-the-point-rousse-project

[Geodan2]

Thanks GoldNHill.   Quite unique gold play.  The upside is huge, what do you as a bull and informed on it on the ground see as biggest danger and downside?  I am a rusty geologist.  Some of these grades you mention are very high, but for open pits it is grade over long distances that counts.  Is is just high grade stringers, or does most of the rock have gold with

[Geodan2]

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/619-tsx/sgnl/167043-signal-gold-continues-to-intersect-high-grade-gold-at-the-western-extension-of-goldboro-including-73-92-g-t-gold-over-3-8-metres-and-16-00-g-t-over-4-5-metres.html this answers the question mostly or ore distribution. BR-24-455 10.5 14.5