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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 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

TSX:SGNL - Post Discussion

Signal Gold Inc > I would normally never vote for this...
View:
Post by shiftyone on Nov 20, 2024 1:19am

I would normally never vote for this...

But SGNL has put itself in a position that they have to take whatever they can get.  The debt.

And there will still be quite a bit of debt after the takeover.  But they will have about $20 million to play with.   Same ceo as SGNL.  Well, with 2 properties, that $20 million can go in the blink of an eye.

What milestones do they have to reach to make the new nexg continue to be worth about $100 million?
I'm not sure at the moment how they will be able to do that....

GLTA
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