signature metals aggressive explorationprogram

Hey Fellas

Looks like SBL's decision to raise capital for an aggressive exploration program and to purchase a larger crusher/processing equipment to produce more gold on an a monthly basis will be one of their best decisions yet!

If you look at other mines in the Ashanti Belt, their 8-20m ounce deposits have been drilled over 1000m deep.

If you look at Signature Metals drilling, which has already produced 1.47m ounces JORC resource, only goes down 100m in most cases! If these guys increase their resource to 5-8million ounces over the next 12 months then we are on a multi bagger!

Looks like shooting fish in a barrel as these guys drill in existing high grade gold areas down another 600-800m to increase their gold resource.

And everyone knows, as company's gold resource rises, this has the most significant affect on its share price!

Especially when the current gold price is $1400 + per ounce!

:)

Cheers Nectar