Post by
drunk@noon on Apr 26, 2021 11:24am
Georgemarch: You can keep this POS company. ROXG
shareholders will vote no to the deal. Makes no sense to trade a 260,000 oz per year 2 mine operation for a POS trading at twice the market cap with less gold production and a million oz a year of silver coming from peru at a cost a few bucks less an oz than what silver is trading at.
Who would own a company like this? Learn to do some math.
Comment by
Consvestor on Apr 26, 2021 2:11pm
Roxgold is a great little company, but I think Fortuna has the market puzzled by this move. A Latin American Silver producer buying an emerging African Gold producer? Difficult to see synergies in this arrangement.