Bullboard - Stock Discussion Forum Signal Gold Inc T.SGNL

Alternate Symbol(s): SGNLF

Metals & Mining Gold Industrial Metals & Minerals

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

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TSX:SGNL - Post Discussion

Signal Gold Inc > What a massive Haircut

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Post by nozzpack on Oct 10, 2024 2:20pm

What a massive Haircut

A 1 for 8 share consolidation and reducing the share price to about 7 cents.

Yet another Great giveaway deal Kevin .

Whew !

Thank the Lord that Maritime got that give away deal for Point Rousse....it will make us a fortune.

Hope you can salvage something from this deal..

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Comment by DoumDiDoum on Oct 10, 2024 3:16pm

What are you talking about? It's not a haircut 1 for 8 haircut. Nex Gold Market cap 2.5 times greater than SGNL. But I'm not surprised... it's not the first time you do major mistakes in your calculations.

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Comment by shiftyone on Oct 10, 2024 4:35pm

"What are you talking about? It's not a haircut 1 for 8 haircut. Nex Gold Market cap 2.5 times greater than SGNL. But I'm not surprised... it's not the first time you do major mistakes in your calculations" ------- DDD, you are so emotional about this stock. Here is an example. I have a $200 000 house. But I owe $100 000 on it. The banks will say that I ...more

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Comment by shiftyone on Oct 10, 2024 4:39pm

Sorry DDD, my math is bad too. NEXG is being valued at about $58 million currently when you factor in debts, plus cash etc. Me Bad. $58 million is not 2.5 times $50 million.

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