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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 > Buying at .08 is a good buy imo
View:
Post by shiftyone on Oct 17, 2024 7:36pm

Buying at .08 is a good buy imo

The placement is at 0.087 with warrants.

The risk is what if they can't raise the money?

I expect they will.

I expect that there will be a lot of promotion over the coming months (in the new year) if they merge with NEXG.

What if NEXG insiders and backers bought the placement in SGNL?  That would be....impressive.

Just throwing things out.  they used to call it brainstorming.
Comment by GoldNHill on Oct 17, 2024 7:46pm
Agreed...I don't think Rogg47 knows/understands that (based on his/her recent comments)...folks will for sure scoop up all the shares the can at 8 cents as it is better than the financing offer...yes someone wants out, but lots of buyers lining up at 8 cents. I suspect it (SGNL financing) will be oversubscribed.
Comment by Rogg47 on Oct 18, 2024 10:41am
One difference between you and me is that I'm not in love anymore with this stock and their overpaid Management!!..  There are stocks out there with higher potential than SGNL soooo that's why I'm not putting more dead money here!  I don't think you knows/understand that!!... 
Comment by GoldNHill on Oct 18, 2024 3:32pm
Rogg47 can you put some number behind your "overplayed Management" comment? How overpaid is Kevin relatively to other CEOs managing pre-production properties? I know Jacque Levesque was pulling in $250K per year in the 1990s and we all know what advancemet to he made with the Company...little if any over a couple decades. Keen to see some stats or are you just saying he is overpaid?
Comment by Benji 2000 on Oct 18, 2024 4:19pm
If i understand GoldNHill, you are very happy with Kevin work's since he is with us ?
Comment by GoldNHill on Oct 18, 2024 8:13pm
Well...when Kevin took over the stock price was 22 cents...less than a year later it was 77 cents...went as high as 1.06 or so then started the slide after the defined feasibility study was released with 3.1million ounces (mimicking the Lassonde Curve) Sold Point R and left Stoger deposit as it was a break even deposit at the time to focus on Goldboro...A tough decision at the time and cost a ...more  
Comment by Rogg47 on Oct 20, 2024 12:00pm
1st whatever the salary they have, it's way too more for the decrease in our value they've "accomplished!!... 2nd just take a look at the Financials and you'll have your answer! ;-) Note 19 of the June 30 2024 Interim FS, we're at $673 747 after 6 months!! On top of that, considering that the "Corporate administration" fees in the P&L are $1 765 002 (funny no ...more  
Comment by DoumDiDoum on Oct 21, 2024 8:39am
Hey Rogg, I also agree that they were overpaid. By how much? Well, it all depends about what they were doing and at what time. It's pretty tough to assess.  I do not think the equation you're using to prove your point is strong though has GOOD management could also be OVERPAID. FULL-TIME job could also be OVERPAID. So perhaps you should ponder about that before publishing your BOOK.. ...more  
Comment by Rogg47 on Oct 21, 2024 9:40am
Lolll why I'm not surprised by your answer?!?... The intention of my post wasn't to convince the Pumper Cheerleader in you, it's a lost case!!.... And BTW I wouldn't have a problem overpaying GOOD Management like you're mentionning because they would have brought value to my investment and $$ to the company!! None of this apply to SGNL....
Comment by DoumDiDoum on Oct 21, 2024 10:02am
OK Rogg, I will need to be more precise since you do not seem to understand my point (or you're biaised in your thinking and/or only read lazily). In fact, you just proved my point saying that you do not have any problem in over paying good management. Your equation does not pass the logical test since the OVERPAID attribute can be applied to the other elements from your equation. So since ...more  
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