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Roxgold Inc. T.ROXG

Roxgold Inc is a Canadian gold mining company. It is engaged in acquiring and exploring mineral properties. The company has two reportable segments; Mining operations and Exploration and evaluation of mineral properties, located in Burkina Faso. Its key asset is the Yaramoko Gold Mine, located in the Hounde greenstone belt of Burkina Faso, West Africa, and Seguela Gold Project located in Cote d'Ivoire, West Africa. The company's primary income is derived from the sale of gold.


TSX:ROXG - Post by User

Bullboard Posts
Post by flyingnunon Apr 13, 2011 10:46am
479 Views
Post# 18424391

Financing

Financing
The private placement is scheduled to close May 10. Usually companies will not release news while in the midst of a financing (results get held back at the lab at the companies request) so its possible we will not get any more results until after May 10. That is almost 4 weeks away so I expect that the stock price should hold in a fairly tight range to the private placement price...in the meantime there may be some occasional dips due to investors losing patience which will create buying opportunities. GLTA
Bullboard Posts